46 W 10th St, Reno, NV 89503

Property Description

This captivating historic Victorian building is located in desirable NW Reno 1 block from UNR. It has up to 13 unique apartments/rooms from small to quite large. It is ideal for students and others and is walking distance to UNR, downtown Reno, restaurants and coffee shops. This property is 89 percent occupied at this time and all, but one, tenants are in lease agreements into 2026! Many improvements have been done in the past few years including some new LVP flooring, new exterior paint, plumbing upgrades, new door locks, and more. There are 5 parking spaces in the back alley plus plenty of street parking. The building layout is as follows: 2 large loft apartments on the top level, 4 units on the main floor (2 large, 2 small) and 4-7 exterior-access apartments/units on the lower level. (Note: unit 8 can be broken into 4 separate units as 8-11). There is a large shared kitchen available to all tenants and all units have private bathrooms except 3 and 4, which share a bathroom. This property is zoned multi-use. One exterior unit, in particular, could be used as a 4-room office space for a small business or perhaps storage rental units. Each tenant pays 75/month for utilities (water, power, sewer, trash + radiant heating) in addition to rent. There is a newer-style boiler system with 2 boilers, one for radiant heating and one for hot water, which were installed in 2002. Assessor's records show this as a 5-bedroom, but it is actually 13 rooms/apartments with individual locks on each room. One unit has its own refrigerator and most units have window A/C's. Only units 3 and 8 (8-11, the "4-Room Suite") are vacant and available to view at this time as all other units are occupied. Please do not disturb tenants. BUYER TO VERIFY ALL.