DIRTY FACE! Don' t drive by! This tri-plex needs some paint, grass and flowers outside but it' s in good condition inside. The vintage front home was built in 1925 and the rear duplex + 2-car garage in 1985. While the exterior looks like a JUNGLE, with some clippers, a lawn mower and work, this property has some real possibilities. The front house originally had three bedrooms but was remodeled to two. This property is close to that special Reno happenin' place known simply as: MidTown District.
The property consists of 20 one bedroom and one studio apartment with ample off street parking and a separate laundry facility for added income. Do not disturb the tenants, do not walk the property. Make Offer subject to inspection.
Located one block West of UNR this masonry 5 plex is located perfect for student housing. A finished basement with laundry room could provide added income. All units are individually metered.
Charming house in the Old Southwest neighborhood in Reno Nv, this house has a 4 plex behind to pay the bills. The houses basement has been converted into a one bedroom unit for added income.
The La Casa Arms Apartments is a very unique opportunity to purchase a 69 unit apartment building with nearly all units classified as a condominium with its own separate parcel number. The property consists of 49 one bedroom one bath unit, 18 two bedroom one bath units, 1 three bedroom 1 bath unit, and 1 studio unit for a total of 46,295 square feet. Amenities include on site laundry facilities which consist of 5 washing machines and 6 dryers, approximately 106 parking spaces, close access to public transportation, and a central patio area for the tenant' s enjoyment. All units include wall mounted air conditioning units, electric baseboard heating, ceiling fans installed in all kitchen areas, and units come with refrigerators and oven/ranges. DO NOT DISTURB THE TENANTS. DO NOT WALK THE PROPERTY WITHOUT LISTING AGENT PRESENT. Showings by appointment only.
The apartments at 75 High Street is a great opportunity to purchase a cash flowing single level property near the downtown area and is also within walking distance to the new Aces Ballpark, which is the AAA affiliate of the Arizona Diamondbacks. The property consists of 10 studio units and 2 one bedroom one bath units. Historically vacancies are very low. Landlord pays for all utilities. The owner will entertain all offers. DO NOT DISTRURB THE TENANTS.
7 Unit multi family property with on site laundry facilities, new dual pane windows. All units are 1 BR 1BA. Landlord pays all utilities. Clean units that rent quickly
This unique remodel opportunity is comprised of 16 individual apartment units with a unit mix of 2 one bedroom one bath and 14 studio apartments. In their current state the apartments are not habitable and will take improvements such as; plumbing, electrical and interior finishes to make habitable. The structural components of the property appear to be in good condition, but would need to be verified. This is not a small project and should only be considered by a qualified/experienced investor, developer, and/or contractor to facilitate this project. The current owner will proceed with the project starting in mid April but would like to sell the project in it's "AS IS, WHERE IS" condition. Listing price will be adjusted as the work proceeds. The project does have a positive projected cash flow upon completion of the remodeling and stabilization of rents, see the following projections:
This rooming house and apartment consist of Two bedroom, 1 bath apartment, 8 weekly room rentals with common kitchens, common baths, and washer & dryers. All rooms furnished with dresser, chairs, desk and small fridge. Long term tenants. New roof and sever line in last 5 years. Owner/Manager occupies the apartment.
The subject property consists of a 28 unit apartment complex situated on two separate parcels with 14 units on each. Each parcel has two buildings; one with 4 units and one with 10 units. The exteriors are brick masonry and the roofs are pitched with upgraded asphalt shingles. The buildings were constructed in 1971, and all are two stories. Each parcel has alley access with separate parking. There is also a central parking lot facing Moran Street. Each unit has hot water baseboard heat provided by two central, gas fired boilers. The cost of the heat is included in the rent. Tenants pay for their own electricity, which also fires their hot water heaters. Owner will consider splitting the property and selling each building for $800,000. Existing Loan of $1,100,000 can be assumed. The terms are 10 years, 6% interest only.