650 Denslowe Dr, Reno, NV 89512
- $740,000
- 8
- BD
- 4
- BA
- 2,966
- SqFt
- List Price
- $740,000
- Status
- ACTIVE
- MLS#
- 260001005
- Subdivision
- University of Nevada, Sterling Village
- Subdivision
- Sterling Village
- Price Change
- ▼ $10,000 1775786156
- Days on Market
- 182
- Year Built
- 1952
- Bedrooms
- 8
- Bathrooms
- 4
- Acres
- 0.14
- Living Area
- 2,966
- Lot Size
- 6,186
Property Description
Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.
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Additional Information
- Taxes
- $1,020
- Utilities
- Cellular Coverage, Water Meter Installed, Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Roof
- Flat
- Foundation
- Slab
- Exterior Features
- Balcony
- Garage Description
- Common
- Elementary School
- Lemelson Stem Academy
- Middle School
- Traner
- High School
- Hug
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Courtesy of Jacqueline Lescott and Dickson Realty - Downtown. Contact:
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Data last updated on 06/28/2017.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
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