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$815,000 For Sale

10001 N Virginia
Reno, NV 89506

5 units | Multi Family Home
1.73 acres - MLS# 180015516
Property Photo
1/25

Description

Rare opportunity to own a 6. 7 cap rate cash cow on actuals. A large complex that features a 4 bedroom home with a 1.5 car garage a two bedroom duplex, and a three bedroom duplex. Ideal for an investor who wants a great return on investment, large family, groups etc. Nearly 2 quite acres but close to freeway, industrial centers and Amazon. There is a bus stop in front of the property. Most of the units have been remodeled and are very spacious. Long term tenants are willing to stay. Possible lot splits.

Features

  • # Buildings: 3
  • # of Parking Spaces: 15
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - Avg Rent/Unit: 858
  • 2 Bedroom - Sqft/Unit: 972
  • 3 Bedroom - # Baths: 1
  • 3 Bedroom - # Units: 2
  • 3 Bedroom - Avg Rent/Unit: 938
  • 3 Bedroom - Sqft/Unit: 1580
  • 4+ Bedroom - # Baths: 1
  • 4+ Bedroom - # Units: 1
  • 4+ Bedroom - Sqft/Unit: 1474
  • 4+bedroom - Avg Rent/Unit: 1670
  • Access Type: Public
  • Annual Expenses: 7485
  • Annual Income & Expenses: Actual
  • Annual Vacancy: 1210
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Varies Per Unit
  • Area: Reno-Stead
  • Construction: Wood Frame
  • County/Area: Washoe County
  • Exterior: Masonry Veneer, Wood Siding
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Separate Water Heaters, Separate Heating/Cooling, Te
  • Fenced: Partial
  • Flooring: Ceramic Tile, Carpet, Sheet Vinyl, Varies By Unit
  • Foundation: Concrete/Crawl Space, Concrete Slab
  • Gross Scheduled Income: 63144
  • Gross Square Footage: 6579
  • Heating/Cooling: Baseboard, Propane, Forced Air, Varies By Unit
  • Landscaped: Partially Landscaped
  • Laundry: Varies Per Unit
  • Listing Status: Active
  • Lot Size: 1.7300
  • Net Operating Income: 54449
  • Owner(s) May Sell: Conventional
  • Parking Spaces: 15
  • Parking Types: Garage, Attached
  • Price Per Sqft: 123.88
  • Property Type: Multi Family Home
  • Roof: Composition/Shingle, Pitched
  • Stories: 1 Story
  • Sub Type: Multi Family Home
  • Type Of Property: Apartment Building (Up To 8 Unit
  • Unit Features: Varies Per Unit
  • Units: 5
  • Utilities: Electricity, Oil Stove, Propane, Septic, Telephone, Varies By Unit, Well-Private
  • Water Heater: Propane, Varies By Unit
  • Windows: Combo/Varies
  • Year Built: 1948
  • Zip Code: 89506
  • Zoning: HDR

 

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