Homes for sale - 214 Stewart St, Reno, NV 89501

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Sandy Ravens

Soli Ravens Team

sandy.ravens@engelvoelkers.com +1(775) 848-4618

$ 1,250,000

Est. payment -/mo

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Active

214 Stewart St Reno, NV 89501

5 Beds

5 Baths

2,475 SqFt

UPDATED:

12/20/2024 04:59 AM

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,475 sqft

Price per Sqft $505

Subdivision Nv

MLS Listing ID 240010908

Bedrooms 5

Year Built 1926

Lot Size 3,484 Sqft

Acres 0.08

Property Description

Welcome to "The Victorian House" at 214 Stewart, a meticulously renovated Victorian home transformed into a charming five-unit apartment building. Nestled between the vibrant districts of midtown and downtown, this property enjoys prime positioning, offering easy access to key cultural attractions and bustling city life, ensuring a high demand from tenants. This exquisite property comprises two studio units and three one-bedroom units, with two of the studios and one one-bedroom unit presented fully furnished, ready for immediate occupancy. The seller has spared no expense in the permitted renovation, stripping the building down to the studs and meticulously refurbishing it to achieve its current splendid condition. "The Victorian House" masterfully blends period charm with modern touches, creating an appealing and comfortable living environment that attracts high-quality tenants and commands top market rents. The kitchens in each unit are finished with timeless elegance, featuring full wall subway tile backsplashes and carrara quartz countertops that speak to the property's sophisticated aesthetic. Comfort is paramount, with each unit equipped with its own dedicated minisplit heat pump system, providing efficient cooling and heating to ensure tenant satisfaction throughout the seasons. The landlord covers all utilities excluding electricity which is sub-metered for each individual unit using Emporia Energy technology and paid for by the respective tenants. The property features four dedicated exterior spaces that are private to the tenants of units 1, 2 and 3. The property features common areas including the front patio, hallway, stairs to the second floor and basement (which the landlord permits tenants to store additional personal property in). The property is set-up for easy remote management with every single door knob wifi enabled on the house internet allowing the landlord to grant vendors codes as needed to open doors in the property. Each unit is also well-appointed with essential appliances including washers, dryers, refrigerators, cook surfaces, and microwaves, ensuring all the comforts of modern living are at hand. "The Victorian House" is not just a building; it's a turnkey investment opportunity already operating at an exceptional standard. This property offers not only immediate cash flow but also potential for significant appreciation in the thriving Reno market. For more information, potential financing options, or to explore the property further, including financials, property inspection details, disclosures, and a 3D Matterport walkthrough model, please reach out to the listing agent. This is a rare opportunity to own a piece of Reno's heritage with the modern conveniences and income potential that today's investors seek.

Location

State NV

County Washoe

Zoning MU-MC

Interior

Heating Central Refrig A/C, Electric, Heat Pump, Programmable Thermostat

Cooling Central Refrig A/C, Electric, Heat Pump, Programmable Thermostat

Flooring Ceramic Tile, Laminate, Wood

Appliance Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Varies Per Unit

Laundry Separate

Exterior

Exterior Feature Wood Siding

Fence Partial

Utilities Available City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed, Internet Available, Cellular Coverage Avail

Roof Type Composition/Shingle,Pitched

Total Parking Spaces 2

Building

Story 2 Story

Foundation Basement/Unfinished, Stone

Water Natural Gas

Level or Stories 2 Story

Structure Type Wood Frame

Schools

Elementary Schools Mount Rose

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 01167102

SqFt Source 2475

Special Listing Condition None

Listed by TrueNest Properties

Sandy Ravens

Private Office Advisor / License Partner / Broker | License ID: CA 02120074 | NV BS.145530

+1(775) 848-4618

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