Address
1351 Terrace Reno, NV
Price
$ 1,650,000
Property Attributes
  • MLS#200010760
  • TypeMulti-Family
  • CountyWASHOE
  • CityReno
  • AreaReno-Old Northwest
  • Zip89503
  • StyleDuplex, Triplex, 4-Plex
  • Price$ 1,650,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage2883
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Dickson Commercial Group
Property Description

Rare opportunity to own a newly renovated 10 bedroom student housing property in a premium location. This exceptional living space is less than a 2 minute walk to campus which brings in top-of-the-market rental income. Current cash flow produces a 5.56% cap rate. Contact the Listing Agent for access to the full Property Flyer. In addition, a separate lot on the West side of the property can be purchased as well for a separate development. Contact the Listing Agent for details.

Price History
8/8/2020 Listed $1,800,000
10/16/2020 9% - $1,650,000

General Features

Appliances Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, SMART Appliance 1 or More, Varies Per Unit, Washer
Common Features Fire Alarm, Security Lighting, TV Antenna
Construction Masonry
Flooring Laminate
Laundry Separate
Listing Agent 12756
Number of Units 3
Price Per Sq Ft 572.32
Roof Composition/Shingle, Pitched
Status ACTIVE
Status Active
Stories 3 Story
Utilities Cable, Cellular Coverage Avail, Centralized Data Panel, City Sewer, City/County Water, Electricity, Internet Available, Natural Gas
Water Heater Electric, Natural Gas, On Demand
Windows Double Pane, Low E, Vinyl Frame
Year Built 1933
Zoning MU-UNRC

Interior Features

2 Bedroom - # Baths 1
2 Bedroom - # Units 1
3 Bedroom - # Baths 1
3 Bedroom - # Units 1
4+ Bedroom - # Baths 4
4+ Bedroom - # Units 1
Heating/Cooling Central Refrig A/C, Electric, Fireplace, Natural Gas, Programmable Thermostat, SMART Appliance 1 or More
Internet Yes
Unit Features Blinds/Shades, Fire Sprinklers, Furnished, Keyless Entry, Patio/Deck, Security System, Smoke Detector

Exterior Features

Acreage 0.1
Exterior Masonry Veneer, Stucco, Wood Siding
Fenced Partial
Foundation Concrete Slab
Sprinklers Drip-Full
Total Parking Capacity 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 89503

Price
AVG $1.65M
$1.65M
Visits
AVG 61
61
Year Built
AVG 1933
1933
Walkscore
AVG 63
63
Data Provided by Walkscore ® not using MLS data

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