650 Elko AVE Avenue Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89512
Key Details
Property Type Manufactured Home
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,165 sqft
Price per Sqft $369
MLS Listing ID 250005215
Year Built 1992
Annual Tax Amount $2,001
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 0.17
Property Sub-Type Quadruplex
Property Description
Amazing opportunity to own a 4 unit investment property that has consistently generated excellent income. In place cap rate of 5.7 percent. The property consists of a triplex featuring a 2 bed, 1 bath unit, a 1 bed, 1 bath unit and a studio unit. In the back there is a separate 528 sqft 1 bed, 1 bath cottage. All units are in great condition, the property has always been well cared for, and it shows! Tenants can enjoy a large, fenced yard with a picnic table and 6 off street parking spaces as well as on site laundry., Coin operated laundry generates additional income. This 4 Plex is near the University and MidTown, attracting a wide range of tenants!
Location
State NV
County Washoe
Zoning Md-Id
Direction E 7th and Elko Ave
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Flooring Ceramic Tile
Equipment Varies By Unit
Fireplace No
Laundry Common Area
Exterior
Utilities Available Electricity Available,Internet Available,Natural Gas Available,Sewer Available,Water Available
View Y/N No
Roof Type Composition,Shingle
Building
Lot Description Landscaped
Story 2
Foundation Crawl Space
Water Public
Structure Type Frame,Wood Siding
Schools
Elementary Schools Booth
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 008-183-18
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional