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512 Humboldt St
Reno, NV 89509 Midtown Reno

$2,000,000 USD

Multifamily For Sale • 3,468 SF

Property Details

Property Type Multifamily
Total Building Size 3,468 SF
Lot Size 0.16 AC
Year Built 1939
Cap Rate 3.30 %
Zoning MU-RES, com/multi-family

49 Transit Score

97 Walk Score

                
                    Highlights
                
                                Located in Reno's Highly Desirable "Old Southwest" Neighborhood. Next to shopping, restaurants, parks and the River District. 
                            
                                All tenants are on month-to-month leases. Strong value add opportunity.
                            
                                Zoned Commerical/Multi-family

Financial Summary (Proforma)

Net Operating Income: $65,752 USD (2024)

Cap Rate:	3.30 %
Total Expenses:	$17,048 USD

Amenities

Air Conditioning
Fireplace
Laundry Facilities
Storage Space
Washer/Dryer
Heating
Tile Floors
Kitchen
Hardwood Floors
Refrigerator
Range
Tub/Shower
Bicycle Storage
Basement
Built-In Bookshelves
Family Room
Private Bathroom

Public Transportation

Commuter Rail	Drive	Walk	Distance
Reno (California Zephyr - Amtrak)	2 min	15 min	0.8 mi
Airport	Drive	Walk	Distance
Reno/Tahoe International	25 min	-	6.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	OneCarGarage
Included in Rent:	Yes

Margaux Sindoni 916-847-6174 Sierra Sotheby's Int - Rock

512 Humboldt St Reno, NV 89509 Midtown Reno