29 Park Active

Reno,NV 89502

$ 900000

- Bed

0 Bath

2940 SqFt


Key Details

Property Type Manufactured Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,940 sqft

Price per Sqft $306

MLS Listing ID 250057414

Year Built 1928

Annual Tax Amount $3,014

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 0.12

Property Sub-Type Quadruplex

Property Description

100 percent occupied. 5.56 percent CAP Rate on actuals. 4-unit investment located near Downtown Reno. This is a prime investment opportunity located near the Truckee River in the heart of downtown Reno. The asset includes One - one bed/one-bath unit; Two - two bed/one and a half bath units; and One - two bed/one bath unit totaling 2,940 square feet. All four units have been renovated with new luxury vinyl plank (LVP), quartz countertops, shaker kitchen cabinets, stainless steel appliances, new bathroom vanities, brushed nickel finishes and more. Each unit offers a stackable washer and dryer. Common area amenities feature professional management, fenced yard, close to bus line, on-site parking.

Location

State NV

County Washoe

Zoning MD-RD

Interior

Heating Wall Furnace

Flooring Tile

Fireplace No

Laundry In Unit

Exterior

Exterior Feature None

Parking Features Assigned

Utilities Available Cable Connected,Electricity Connected,Internet Connected,Phone Connected,Sewer Connected,Water Connected,Cellular Coverage

View Y/N No

Roof Type Pitched,Shingle

Garage No

Building

Lot Description Corner Lot,Landscaped,Level

Story 2

Foundation Pillar/Post/Pier,Slab,Stone

Water Public

Structure Type Unknown

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 012-015-05

Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan

Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

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