NV > Reno
Reno, NV 89509,1630 Idlewild DR Drive
Reno, NV 89509,1630 Idlewild DR Drive
Reno, NV 89509,1630 Idlewild DR Drive
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$1,095,000
Est. payment /mo
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4,784 SqFt
Active Under Contract

1630 Idlewild DR Drive Reno, NV 89509

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Terri Smith

Terri Smith

+1(775) 258-2434

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,784 sqft

Price per Sqft $228

MLS Listing ID 250005426

Year Built 1940

Annual Tax Amount $2,843

Lot Size 0.504 Acres

Acres 0.5

Lot Dimensions 0.5

Property Sub-Type Multi Family

Property Description

1570 AND 1630 Idlewild Dr. - 3 contiguous parcels with 2 buildings / 7 units total. 7%+ CAP Rate (on actuals). $156k per unit!! Over 1/2 an acre in total with plenty of room for additional development possible. Desirable location across the street from the Truckee River and Idlewild Park keeps these units in high demand from tenants. Perfect for AirBB or continue as-is with long-term tenants. Many major upgrades made within the past 8 months. Call for list of recent upgrades, Rent Roll, and cashflow APOD., APN's included in sale: APN 010-110-05 - 1630 Idlewild (3 units) APN 010-110-06 - 0 Idlewild (vacant strip of land) APN 010-110-07 - 1570 Idlewild (4 units)

Location

State NV

County Washoe

Zoning PD

Direction Hunter Lake or Booth to Idlewild

Interior

Heating Electric, Natural Gas, Wall Furnace

Cooling Electric

Flooring Varies

Laundry None

Exterior

Parking Features Assigned

Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage

View Y/N No

Roof Type Composition,Pitched,Shingle

Garage No

Building

Lot Description Landscaped

Story 2

Foundation Slab, Crawl Space

Water Public

Structure Type Fiber Cement,Frame,Wood Siding

Others

Tax ID 01011005

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by DL Realty

Learn More About LPT Realty

agent

Terri Smith

Real Estate Professional | License ID: S.0170993

+1(775) 258-2434

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1630 Idlewild DR Drive