Residential Income In Reno

Historic 1930 home near UNR and Downtown Reno, operated for many years as a communal house with 14 rental rooms. Recorded with the City and Washoe County Assessor as a single-family residence (5 bd / 5 bath, approx. 4,324 sq ft); prior owners created the room configuration. Zoned MU - Tri-plex 3 Units Any combination per Assessor. The house offers a shared kitchen, multiple entrances, private baths in many rooms, loft-style spaces upstairs, and a lower level with additional rooms. Hardwood and LVP floors, two boilers providing hot water and radiant heat, and window AC in select rooms. Front porch, large yard, rear patios, and tandem off-alley parking for approximately 7-8 vehicles plus street parking. Currently tenant-occupied on month-to-month agreements with an established rental history. An opportunity for an investor or owner-operator to continue communal living, pursue City approval for multi-unit or group-living use, or return it to a large single-family home. Buyer to independently verify permitted use, occupancy, and income potential with the City of Reno.