Homes for sale - 1050 W 2nd St, Reno, NV 89503

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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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1050 W 2nd St Reno, NV 89503

5 Beds

3 Baths

4,998 SqFt

UPDATED:

12/21/2024 06:11 AM

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 4,998 sqft

Price per Sqft $250

Subdivision Nv

MLS Listing ID 240011335

Bedrooms 5

Year Built 1932

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Investment Opportunity: 5-Unit Apartment Building Property Overview: Welcome to this exceptional investment opportunity! This well-maintained 5-unit apartment building features a total of 6 bedrooms and 6 bathrooms, offering a versatile rental option in a prime location. With a mix of one-bedroom and two-bedroom units, this property promises both immediate rental income and long-term potential. Total Units: 5 1 Bedroom Units: 4 (each with 1 bath) 2 Bedroom Unit: 1 (with 2 baths) Gross Square Footage: 4,998 Laundry: Coin-operated units in a shared laundry area, plus dedicated storage for each tenant. Recent Renovations: The 2-bedroom unit was recently renovated, offering modern amenities and fresh updates. Key Features: Consistent Layouts: The one-bedroom units are almost identical, providing ease of management and predictability in rental income. The spacious two-bedroom unit is located in the finished basement, excluding the shared laundry area. Investment Potential: A great opportunity for investors looking for a stable rental income stream with the added benefit of recent renovations. Tenant Amenities: Dedicated storage and laundry facilities enhance tenant satisfaction and retention. Contact: For more information or to schedule a private showing of the vacant unit, please call the listing agent. Don't miss out on this opportunity to invest in a promising property with strong rental potential!

Location

State NV

County Washoe

Zoning GC

Interior

Heating Natural Gas, Forced Air

Cooling Natural Gas, Forced Air

Flooring Vinyl Tile, Wood, Varies by Unit

Appliance Refrigerator

Laundry Common

Exterior

Exterior Feature Brick

Fence Back

Utilities Available City/County Water, City Sewer, Electricity, Natural Gas

Roof Type Composition/Shingle,Pitched

Building

Story 3 Story

Foundation Concrete Slab

Water Natural Gas

Level or Stories 3 Story

Structure Type Rock

Others

Tax ID 01004634

SqFt Source 4998

Special Listing Condition None

Listed by Marmot Properties, LLC

Sandy Ravens

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

+1(775) 848-4618

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