$905,000
$950,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2,548 SqFt
SOLD DATE : 12/16/2024
Key Details
Sold Price $905,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $355
MLS Listing ID 240013036
Sold Date 12/16/24
Year Built 1932
Annual Tax Amount $1,851
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.16
Property Description
3-Unit Brick Investment Property Minutes Away from Reno's Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces!, Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.
Location
State NV
County Washoe
Zoning MD-RD
Direction High St & Mill St
Interior
Heating Forced Air, Natural Gas, Varies By Unit
Cooling Central Air, Refrigerated, Varies By Unit
Flooring Wood
Laundry In Unit, Washer Hookup
Exterior
Parking Features Alley Access, Carport, Varies by Unit
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Roof Type Composition,Pitched,Shingle
Garage No
Building
Lot Description Landscaped
Story 2
Foundation Slab
Water Public
Structure Type Brick
Schools
Elementary Schools Booth
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 01211211
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Broker | Lic# NV# BS.25835