Homes for sale - 1101 E Taylor ST Street, Reno, NV 89502

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Cindy Miller

cindy@agent4u775.com +1(775) 230-2624

$ 1,750,000

Est. payment | -/mo

8,712 Sqft Lot

Save

$ 1,750,000

Est. payment | -/mo

Save

8,712 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250004216

Year Built 1962

Annual Tax Amount $2,679

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.2

Property Sub-Type Multi Family

Property Description

Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it's an ideal opportunity for investors seeking hassle-free ownership and long-term stability., Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today's market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don't miss this fantastic opportunity to add a quality asset to your portfolio.

Location

State NV

County Washoe

Zoning MF14

Direction Yori Ave & E Taylor St

Interior

Heating Electric, ENERGY STAR Qualified Equipment, Forced Air, Wall Furnace

Cooling Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)

Flooring Laminate

Laundry Common Area, In Unit

Exterior

Parking Features Assigned

Utilities Available Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Flat,Membrane

Garage No

Building

Story 2

Foundation Crawl Space

Structure Type Brick

Others

Tax ID 01314117

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Address Income

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(775) 230-2624

cindy@agent4u775.com

1755 E Plumb Ln, Reno, NV, 89502, USA

1101 E Taylor ST Street Reno, NV 89502