1101 E Taylor St, Reno, NV 89502 – 240008564 - Richard Berman

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Richard Berman

rberman@dicksonrealty.com +1(775) 450-1940

$1,900,000

Est. payment - /mo

2 Beds

1 Bath

4,760 SqFt

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UPDATED:

07/13/2024 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 4,760 sqft

Price per Sqft $399

Subdivision Ut

MLS Listing ID 240008564

Bedrooms 2

Year Built 1962

Lot Size 8,799 Sqft

Acres 0.202

Property Description

Charming Turn-Key Multifamily Investment Near Midtown Reno and Renown Hospital. Welcome to an excellent investment opportunity in the heart of Reno. This listing features a well-maintained, fully renovated multifamily property with six spacious 2 bed/1 bath units, ideal for investors looking for hassle-free ownership. Built in 1962, this property has a total of 4,760 square feet, with a solid gross annual income of $111,744 and 4.5% cap rate with upside potential. This multifamily property is a rare find in the sought-after Reno market, offering a blend of stability and convenience. For a comprehensive marketing package and detailed investment summary, please contact listing agent. Don’t miss out on this fantastic opportunity to add this multifamily asset to your real estate portfolio.

Location

State NV

County Washoe

Zoning MF14

Interior

Heating Air Unit, Electric, Forced Air, Wall Heater, EnergyStar APPL 1 or More

Cooling Air Unit, Electric, Forced Air, Wall Heater, EnergyStar APPL 1 or More

Flooring Laminate

Appliance Refrigerator, Oven/Range, Dishwasher, Microwave

Laundry Separate, Common

Exterior

Exterior Feature Brick

Fence Back

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

Roof Type Flat

Total Parking Spaces 10

Building

Story 2 Story

Foundation Concrete/Crawl Space

Water Electric

Level or Stories 2 Story

Structure Type Masonry

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 01314117

SqFt Source 4760

Special Listing Condition None

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Listed by Address Income

Richard Berman

Agent | S.S.0181980

+1(775) 450-1940

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