NV > Reno > Nv
Reno, NV 89509,2908 Salem Place
Reno, NV 89509,2908 Salem Place
Reno, NV 89509,2908 Salem Place
Reno, NV 89509,2908 Salem Place
Reno, NV 89509,2908 Salem Place
Reno, NV 89509,2908 Salem Place
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Angelica Reyes

Angelica Reyes

+1(775) 351-9265
$ 1,298,000
Est. payment | /mo

10 Beds

6 Baths

2,880 SqFt

Save
$ 1,298,000
Est. payment | /mo
Save

10 Beds

6 Baths

2,880 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 2,880 sqft

Price per Sqft $450

Subdivision Nv

MLS Listing ID 250002025

Bedrooms 10

Year Built 1978

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Apartment Building (up to 8 Units)

Property Description

Welcome to this versatile 6-plex nestled in the highly sought-after Virginia Lake neighborhood of Reno. This value-add gem offers a unique opportunity for investors to capture both immediate cash flow and significant upside potential through strategic renovations. The building currently features six individual rental units that provide stable income. With a mix of spacious layouts and abundant natural light, each unit has the foundation for modern updates that can dramatically enhance tenant appeal and drive increased rental revenue. Ideally positioned just minutes from popular dining, shopping, and entertainment, as well as with easy access to major roadways and public transit, this property is perfectly situated in a market on the rise. Whether you're looking to improve interiors, or boost overall operational efficiency, this property offers endless potential to increase both value and returns.

Location

State NV

County Washoe

Zoning MF30

Interior

Heating Air Unit, Natural Gas, Wall Heater, Varies by Unit

Cooling Air Unit, Natural Gas, Wall Heater, Varies by Unit

Flooring Carpet, Wood

Appliance Refrigerator, Oven/Range

Laundry Common

Exterior

Exterior Feature Stucco

Fence None

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

Roof Type Flat,Tile

Total Parking Spaces 6

Building

Story 2 Story

Foundation Concrete Slab

Water Electric, Natural Gas

Level or Stories 2 Story

Structure Type Wood Frame

Schools

Elementary Schools Anderson

Middle Schools Swope

High Schools Reno

Others

Tax ID 01943114

SqFt Source 2880

Special Listing Condition None

Listed by Sierra Nevada Properties-Reno
agent
Angelica Reyes

Broker Associate | License ID: BS.145567

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

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2908 Salem Place