Description
Well priced 4-Unit Investment property with a long-time proven track record of generating stable income for the owner. The close proximity to The University of Nevada historically keeps vacancy low. 100% tenant occupied and generating $53,400 in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. All units have washer/dryer hook-ups. The two upstairs units have "mini-split" heating/cooling systems. APOD available, just call., Please do not disturb tenants - drive by only.
Details
| MLS # | 250006574 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1952 |
| Days On Site | 58 |
| Listing Provided By | DL Realty | Chris McCain |
Features
| SQ Feet | 2,966 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | MF30 |
| Acreage | 0.14 |
Interior
| Heating | Electric, Natural Gas, Wall Furnace, Varies By Unit |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Electric, Varies By Unit |
| Cooling Yes / No | Yes |
| Window Features | Blinds, Double Pane Windows, Vinyl Frames |
| Appliances | Oven, Dryer, Electric Oven, Electric Range, Gas Range, Microwave, Refrigerator, Washer |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Exterior Features | Balcony |
| Security Features | Smoke Detector(s) |
| Lot Features | Landscaped |
| Construction Materials | Frame, Wood Siding |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Slab |
| Fencing | Partial |
Parking
| Parking Features | Assigned |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 1081 |
|---|
Market Activity 89512
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89512 |
| Area | Washoe |
| Community Name | Sterling Village |
| School District | Hug |
| Elementary School | Lemelson Stem Academy |
| Middle School | Clayton |
| High School | Hug |
| Listing VS Median (in Sterling Village) | |
Price: $790,000 low | high Med: $792,500 SqFt: 2,966 low | high Med: 2,912 $ / SqFt: $266 low | high Med: $272 On site: 58 low | high Med: 55.500000 | |
Nearby Listings (Within 1/10 mile)
Price: $592K - $987K
SqFt: 2,000 - 3,500
 | $795,000565 Denslowe DriveReno, NV 89512 |
Listing Updated: June 15, 2025 at 11:22:06 AM PDT