Description
FOURPLEX INVESTMENT OPPORTUNITY NEAR UNR! Excellent investment opportunity near the University of Nevada, Reno! This well-located fourplex features four spacious 2-bedroom, 1-bathroom residences, each offering an oversized living room with a wood-burning fireplace, a functional galley kitchen with a dining nook, generously sized bedrooms, an assigned one-car garage, and additional private storage. All units seperatly metered, there is a fifth meter for water/power for the Laundry room. For added tenant convenience, the property offers an on-site coin-operated washer and dryer. All four units are currently occupied by long-term tenants, providing an established rental history and income potential. Ideally situated near UNR, shopping, dining, public transportation, and everyday amenities, this property presents an excellent opportunity for investors looking to expand their real estate portfolio. ADDITIONAL INVESTMENT OPPORTUNITY! Two additional fourplexes are available for purchase, offering the potential to acquire up to 12 units as part of a bundled investment. See Associated Documents for additional property information, including individual unit cash flow details. Contact the listing agent for details on the two additional fourplexes and potential package purchase options.
Details
| MLS # | 260012260 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 49 |
| Listing Provided By | Dickson Realty - Sparks | Felisa Cusimano-Martin |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 4,608 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | MF30 |
| Acreage | 0.40 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Aluminum Frames, Blinds, Metal Frames, Single Pane Windows, Vinyl Frames, Varies |
| Appliances | Dishwasher, Electric Range |
| Fireplace Features | Free Standing, Wood Burning |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 4 |
Exterior
| Roof | Composition, Shingle |
|---|---|
| Exterior Features | Balcony |
| Security Features | Smoke Detector(s) |
| Lot Features | Cul-De-Sac |
| Construction Materials | Brick Veneer, Wood Siding |
| Foundation Details | Other |
| Fencing | None |
Parking
| Parking Features | Attached, Garage |
|---|---|
| Attached Garage Yes / No | Yes |
Utilities
| Utilities | Electricity Available, Sewer Available, Water Available |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 2735 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89503 |
| Area | Washoe |
| Community Name | Reno Foothills 1 |
| School District | McQueen |
| Elementary School | Elmcrest |
| High School | McQueen |
| Listing VS Median (in Reno Foothills 1) | |
Price: $1,100,000 low | high Med: $604,500 sqft: 4,608 low | high Med: 1,863 $ / sqft: $239 low | high Med: $324 On site: 49 low | high Med: 57.5 | |
Market Activity 89503
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89503 |
| Area | Washoe |
| Community Name | Reno Foothills 1 |
| School District | McQueen |
| Elementary School | Elmcrest |
| High School | McQueen |
| Listing VS Median (in Reno Foothills 1) | |
Price: $1,100,000 low | high Med: $604,500 sqft: 4,608 low | high Med: 1,863 $ / sqft: $239 low | high Med: $324 On site: 49 low | high Med: 57.5 | |
 | $1,099,000330 Talus WayReno, NV 89503 |