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$878,700
3 Beds 3 Baths 260008423 MLS
Excellent investment opportunity in the heart of Midtown Reno! This well-maintained triplex consists of a duplex with separate gas and electric meters for each unit and a shared water meter, plus a detached third unit with its own water, gas, and electric meters. All three units have been fully remodeled and feature luxury vinyl plank flooring, updated ABS waste lines, stainless steel appliances, and gas ranges. Each unit is currently leased on one-year agreements at $1,395 per month, providing immediate rental income. Situated on an MF-30 zoned lot, the property offers exceptional redevelopment potential, with zoning allowing for up to six units (buyer to verify with the City of Reno). Whether you're seeking a turnkey income property or a future development opportunity, this is a rare investment in one of Reno's most desirable central locations.

330 Broadway Blvd, Reno

$599,000
4 Beds 2 Baths 260007119 MLS
2-unit property at the edge of mid-town. There are actually 2 addresses on this parcel. 824 Locust is the 3 bed 1 bath unit and 828 Locust is the 1 bedroom unit 1 bath unit. Those include a brand new kitchen and updated bathroom. Kitchen has newer flooring, cabinets, and counters. Newer flooring in the laundry room as well. There is a courtyard between units. Both have evaporative coolers. There is a fenced side-yard with a shed. The other side has a gate to the alley and 2 porches. Furnace was replaced in 2018. New carpet in 2018. The 3 bed has a laundry room with full-size washer & dryer. Back bedroom has a security door to the stoop off the alley. Has evaporative cooler. 828: tenant has a 1 year lease for 1,350/month. New evaporative cooler in 2021. Hardwood floors refinished, new LVP in kitchen installed and interior painted in 2018. Stacked washer/dryer in kitchen area. Refrigerator also included. Ceiling fan in the bedroom. There are also some fun built-ins in the bedroom closet and living room. The tenant has lived here for several years and would love to stay. There is a small cellar for some storage. One gated parking space off the alley. 2 designated parking spots on the street. All doors have steel security doors. These units are in high demand when they turn over, so vacancy will be at a minimum. The Veterans Guest Home is next door, and the VA Hospital is very close as well. The VA Hospital has been known to buy nearby properties for staff housing, parking lots, etc. There may be some long-term added value there.

824 Locust St, Reno

$1,725,000
260004390 MLS
The Taylor Decos consists of 6 total units, on a large lot, boarding both the Renown Medical rental submarket in Reno, NV. This asset offers a popular unit mix of 6 two bedroom one bathroom, 793 sq ft units. The asset has received many recent renovations adding modern finishes which include LVP flooring, upgraded fixtures, new countertops, stainless steel appliances, tile shower and tub surrounds, modern lighting and much more. The property has onsite laundry but there is upside to adding in unit laundry and increasing rents. Owner financing available!!! The owner is willing to carry a new 1st deed of trust at 4 percent interest with 40 percent down with a full balloon in 3 to 5 years on approved credit of Buyer. The location provides great access to restaurants, retail shops, Renown Medical Center, major bus lines, and community events all just steps from their front door.

1101 E Taylor St, Reno

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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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