NV > Reno > Nv
Reno, NV 89512,462 Laurel Street
Reno, NV 89512,462 Laurel Street
Reno, NV 89512,462 Laurel Street
Reno, NV 89512,462 Laurel Street
Reno, NV 89512,462 Laurel Street
Reno, NV 89512,462 Laurel Street
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Angelica Reyes

Angelica Reyes

+1(775) 351-9265
$ 950,000
Est. payment | /mo

8 Beds

3 Baths

3,340 SqFt

Save
$ 950,000
Est. payment | /mo
Save

8 Beds

3 Baths

3,340 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex, Triplex, 4-Plex

Listing Status Active

Purchase Type For Sale

Square Footage 3,340 sqft

Price per Sqft $284

Subdivision Nv

MLS Listing ID 250000365

Bedrooms 8

Year Built 1918

Lot Size 6,969 Sqft

Acres 0.16

Property Description

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history. The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

Location

State NV

County Washoe

Zoning Mu

Interior

Heating Natural Gas, Forced Air

Cooling Natural Gas, Forced Air

Flooring Carpet, Concrete, Laminate

Appliance Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Washer

Laundry Kitchen, Separate

Exterior

Exterior Feature Stucco

Fence Full

Utilities Available Cable, City/County Water, City Sewer, map to 20, Electricity, Natural Gas, Telephone, Water Meter Installed, Cellular Coverage Avail

Roof Type Flat

Total Parking Spaces 7

Building

Story 1 Story

Foundation Basement/Finished, Concrete Slab

Water Natural Gas

Level or Stories 1 Story

Structure Type Wood Frame

Schools

Elementary Schools Lemelson Stern Academy

Middle Schools Traner

High Schools Hug

Others

Tax ID 00719304

SqFt Source 3340

Special Listing Condition None

Listed by Dickson Realty - Caughlin
agent
Angelica Reyes

Broker Associate | License ID: BS.145567

+1(775) 351-9265 | angelica.realtor@gmail.com

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462 Laurel Street