Excellent investment opportunity in Midtown offering 8 units including a duplex and a 6-plex on one parcel. Duplex built in 1926; 2-bed/1-bath and 1-bed/1-bath - both units have laundry. 6-plex (built in 1963) consists of six 1-bed/1-bath units with good closet space. Potential for on-site laundry in the basement. All 8 units have designated off-street parking. Well maintained and a fantastic location in Midtown make these units desirable and easy to rent; close proximity to restaurants, shopping, nightlife, etc.. 6-plex averages between $1,022-$1,050 per unit. Duplex is $1,850/mo for 2-bed/1-bath and $1,422/mo for 1-bed/1-bath. Gross scheduled income is $113,592.
| MLS # | 260010119 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Building Name | NGRV LLC |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 27 |
| Listing Provided By | Ferrari-Lund R.E. Sparks | Vincent Rossi |
| SQ Feet | 5,128 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 2 |
| Zoning | MF30 |
| Acreage | 0.24 |
| Heating | Electric, Forced Air, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Central Air, Electric |
| Cooling Yes / No | Yes |
| Window Features | Double Pane Windows, Vinyl Frames |
| Fireplace Yes / No | No |
| Roof | Composition, Flat, Membrane, Pitched, Shingle |
|---|---|
| Lot Features | Landscaped |
| Construction Materials | Block, Vinyl Siding |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Concrete Perimeter, Crawl Space |
| Fencing | Partial |
| Parking Features | Alley Access, Off Street, Parking Lot |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Property | 3605 |
|---|
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Wells Addition |
| Listing VS Median (in Wells Addition) | |
Price: $1,695,000 low | high Med: $600,000 sqft: 5,128 low | high Med: 2,172 $ / sqft: $331 low | high Med: $276 On site: 27 low | high Med: 192.5 | |
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Wells Addition |
| Listing VS Median (in Wells Addition) | |
Price: $1,695,000 low | high Med: $600,000 sqft: 5,128 low | high Med: 2,172 $ / sqft: $331 low | high Med: $276 On site: 27 low | high Med: 192.5 | |
![]() | $2,150,000306 E Taylor StreetReno, NV 89502 |