1101 E Taylor St Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89502
Key Details
Property Type Multi-Family
Sub Type Apartment Building (up to 8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 4,760 sqft
Price per Sqft $367
Subdivision Nv
MLS Listing ID 250004216
Bedrooms 2
Year Built 1962
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Apartment Building (up to 8 Units)
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
Interior
Heating Air Unit,Electric,Forced Air,Wall Heater,EnergyStar APPL 1 or More
Cooling Air Unit,Electric,Forced Air,Wall Heater,EnergyStar APPL 1 or More
Flooring Laminate
Appliance Dishwasher,Microwave,Oven/Range,Refrigerator
Laundry Common,Separate
Exterior
Exterior Feature Brick
Fence Back
Utilities Available City Sewer,Electricity,Natural Gas,Water Meter Installed,Internet Available,Cellular Coverage Avail
Roof Type Flat,Membrane
Total Parking Spaces 10
Building
Story 2 Story
Foundation Concrete/Crawl Space
Water Electric
Level or Stories 2 Story
Structure Type Masonry
Schools
Elementary Schools Booth
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 01314117
SqFt Source 4760
Special Listing Condition None