3001 W 4th

    Reno, NV 89523
    • $1,080,000
    • STATUS: Active Under Contract
    • ON SITE: 4 days
    • MLS #: 180006577
    Under Contract
    UPDATED: 61 min ago
    $1,080,000
    • 0
      BEDS
    • 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,026
      SQFT
    • $179
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Outstanding 12 unit property on .50 acre lot. Secluded setting, yet close to town. Recently renovated and fully occupied (as of June 1). Onsite laundry provides additional income. Ten 1 bedroom units, two 2 bedroom units. Adjacent .77 acre parcel APN 006-250-46 available for $130,000. Possible seller financing on that parcel only. New, high efficiency oil furnace heats ten units. Two units on propane heat. Property is on a private well and city sewer. Incredible 8 % cap rate. APOD in associated documents.

    Monthly Payment Calculator

    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-05-21T15:20:09.98.
    www.marshallrealtyteam.com/homes/83645455

    3001 W 4th Reno, NV 89523

    • Price: $1,080,000
    • Status: Active Under Contract
    • Updated: 61 min ago
    • MLS #: 180006577
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.5
    Acres
    6,026
    SQFT
    $179
    $/SQFT
    1956
    Built
    Neighborhood:
    Reno-Old Northwest
    County:
    Washoe
    Area:
    Reno-Old Northwest
    Property Description
    Outstanding 12 unit property on .50 acre lot. Secluded setting, yet close to town. Recently renovated and fully occupied (as of June 1). Onsite laundry provides additional income. Ten 1 bedroom units, two 2 bedroom units. Adjacent .77 acre parcel APN 006-250-46 available for $130,000. Possible seller financing on that parcel only. New, high efficiency oil furnace heats ten units. Two units on propane heat. Property is on a private well and city sewer. Incredible 8 % cap rate. APOD in associated documents.
    Exterior Features

    Construction Wood Frame Exterior Stucco Fenced Full Foundation Concrete Slab Landscaped Fully Landscaped Parking Capacity 60 Parking Types Common Roof Composition/ShinglePitched Sprinklers Drip-Full

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 450 2 Bedroom Baths 2 2 Bedroom Sq Ft 800 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDishwasherMicrowaveVaries Per UnitEnergystar Appl 1 Or More Flooring Ceramic Tile Heating Cooling Air UnitOilForced Air Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesPatio/DeckSmoke DetectorVaries Per Unit Water Heater Electric Windows Double PaneVinyl Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 832 1 Bedroom Units 10 2 Bedroom Avg Rent Per Unit 1500 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Private Annual Expenses 44994.61 Annual Income And Expenses Pro Forma Annual Vacancy 4077 Apod Available Yes Common Features Bbq/Picnic Area Documents On File FurnFixturesAnd EquipRental/Leases Down Payment Assistance No Facility Features Master Meter-ElectricSeparate Water HeatersCentral Water HeatersSeparate Heating/CoolingMaster Heating/CoolingLandlord Pays Utilities Green Feature Energystar Appl 1 Or MoreDouble Pane Windows Green Features 1+ Energy Star Appliance Gross Scheduled Income 136300 Multifamily Type Apartment Complex Net Operating Income 87228.39 Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City SewerElectricityOil StovePropaneWell-Private Zoning Actual Muw4

    Listing provided courtesy of Ferrari-Lund Real Estate Reno. © 2013 of Northern Nevada Regional MLS. All Rights Reserved.
    © 2018 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Marshall Realty. Real estate listings held by brokerage firms other than Marshall Realty are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2018-05-21T15:20:09.98.
     
    Marshall Realty
    3255 S. Virginia Ave
    Reno NV, 89502