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$385,000
3 Beds 1 Baths 260007828 MLS
Step inside and discover a home where charm, character, and opportunity come together. Nestled in a desirable central location near the University, this inviting single-story home welcomes you with original hardwood floors that tell a story and create a warm, timeless feel throughout. The thoughtfully designed floor plan offers three bedrooms, including a versatile third bedroom just off the living room—perfect for a home office, guest room, hobby space, or creative retreat. Outside, the backyard is a gardener's dream and a private escape all its own. Imagine summer afternoons picking ripe plums from your mature fruit tree, tending fresh herbs and vegetables in the raised garden beds, or simply relaxing beneath the shade. Multiple storage sheds provide plenty of room for tools, toys, and projects, while a hidden bonus awaits beyond the ivy-lined fence: additional storage and coveted RV access. Lovingly maintained and move-in ready, this home also features solar panels, air conditioning, fresh interior and exterior paint, and a lush grassy yard. Whether you're searching for your first home, a college-area investment, or a place to put down roots, this property offers comfort, character, and room to grow. Come see for yourself why this is the one you've been waiting for. **Please note, there is landscape clean up in process on the upper lot**

815 N Maddux Dr, Reno

$725,000
4 Beds 3 Baths 260003996 MLS
7.2 cap rate on in place income! Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. All units have their own washer and dryer hookups. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.

99 Bartlett St, Reno

$740,000
8 Beds 4 Baths 260001005 MLS
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.

650 Denslowe Dr, Reno

$1,050,000
7 Beds 4 Baths 250000365 MLS
Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

462 Laurel St, Reno

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Data last updated on 06/28/2017.

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