4,100 Sq.Ft.
7.33 % CAP- Don't miss your opportunity to acquire a 4-unit multi-family investment property located in Reno, NV, with great access to bus lines, Interstate 80, shopping, and UNR. There are 2, two bedroom, one bathroom units D & C,There is 1, 2 bed 2 bath unit, (B) and a 1 three bedroom 2 bath unit, unit A. each have large kitchens, newer cabinets, and have been upgraded within the last few years. Backyards , on-site parking, This asset is priced below recent area sales . Priced to sell!, Reno’s apartment has shown continued growth in rental rates and the future owner could increase cash flow with additional storage rental. Units have long term tenants with very little turnover. Actual vacancy has been zero. Unit A- $1500.00 a month Unit B - $1250..00 a month Unit C - $ 1400.00 a month Unit D - $1300.00 less 50.00 for on site light maintenance. Garage $500 another bay available to rent. It is currently occupied by the seller for storage. Laundry income averages 200.00 a month Newer coin operated units seller will leave with the property. Tenants pay all their own utilities. Owner pays for septic pumping and Well Maintenance MAKE OFFER SUBJECT TO SEEING THE PROPERTY
Luxury Real Estate Advisor
020292359 | NV S.0190236
As your trusted real estate expert, I’m here to help you navigate property transactions with ease. I focus on understanding your unique needs to ensure a smooth buying or selling experience, always striving to achieve the best results for you.