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$1,100,000
8 Beds ⋅ 4 Baths ⋅ 260012260 MLS
Investor opportunity near the University of Nevada, Reno! This four-unit property features four 2-bedroom, 1-bathroom residences, all currently tenant occupied with long-term tenants in place. Each unit offers a functional floor plan with a wood-burning fireplace and an assigned 1-car garage, providing valuable additional parking and storage. Located in the UNR university housing area with convenient access to campus, shopping, dining, public transportation, and nearby amenities, this property offers an opportunity to add a multi-unit investment to your portfolio with existing tenancy already established. See Associated Documents for additional information, including the cash flow details for each individual unit.

3271 Gypsum Rd, Reno
$1,149,000
260008946 MLS
Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred thousand dollars down, seller to carry a five hundred fifty thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.

330 Talus Way, Reno

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Data last updated on 06/28/2017.

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