1026 W 2nd

    Reno, NV 89503
    • $302,000
    • STATUS: Closed
    • ON SITE: 111 days
    • MLS #: 190012013
    Sold - 11/01/2019
    $302,000
    SOLD - 11/01/2019
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,146
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Ratings & Info

    Description

    Updated duplex adjacent to the West 2nd St Redevelopment Area, Historical Powning Addition District and downtown. Both units have been updated with new kitchen, appliances, flooring, paint. Fully fenced with ample parking. Walking distance to the river, downtown, shops and cafes. The 2 bed unit rents for $1050/month and the 1 bed unit rents for $875/month. Arterial Commercial zoning gives this property wide variety of highest and best uses. The pro-forma estimated CAP rate is 5.6%.

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    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NVGemme Real Estate | Lori Gemme Real Estate. Real estate listings held by brokerage firms other than NVGemme Real Estate | Lori Gemme Real Estate 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: 2019-11-22T15:19:47.86.
    www.nvgemmere.com/homes/97540275

    1026 W 2nd Reno, NV 89503

    • Price: $320,000
    • Status: Closed
    • Updated: 61 min ago
    • MLS #: 190012013
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,146
    SQFT
    $264
    $/SQFT
    1942
    Built
    Neighborhood:
    Reno-Old Northwest
    County:
    Washoe
    Area:
    Reno-Old Northwest
    Property Description
    Updated duplex adjacent to the West 2nd St Redevelopment Area, Historical Powning Addition District and downtown. Both units have been updated with new kitchen, appliances, flooring, paint. Fully fenced with ample parking. Walking distance to the river, downtown, shops and cafes. The 2 bed unit rents for $1050/month and the 1 bed unit rents for $875/month. Arterial Commercial zoning gives this property wide variety of highest and best uses. The pro-forma estimated CAP rate is 5.6%.
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced Full Foundation Basement/UnfinishedConcrete/Crawl Space Landscaped None Parking Capacity 4 Parking Types Common Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 500 2 Bedroom Baths 1 2 Bedroom Sq Ft 648 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/Range Flooring Ceramic TileLaminateVinyl Tile Heating Cooling Natural GasForced Air Laundry None 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 Smoke Detector Water Heater Natural Gas Windows Metal FrameSingle PaneVinyl FrameWood Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 875 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 1050 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Expenses 4418 Annual Income And Expenses Actual Annual Vacancy 462 Apod Available Yes Common Features None Documents On File None Down Payment Assistance Yes Facility Features Separated Meters-GasSeparate Meters-ElectricMaster Meter-WaterSeparate Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Gross Scheduled Income 23100 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 18220 Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasInternet AvailableCellular Coverage Avail Zoning Actual Ac

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Re/Max Professionals.

    © 2019 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NVGemme Real Estate | Lori Gemme Real Estate. Real estate listings held by brokerage firms other than NVGemme Real Estate | Lori Gemme Real Estate 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: 2019-11-22T15:19:47.86.
     
    NVGemme Real Estate | Lori Gemme Real Estate
    200 S. Virginia Street, Suite 730
    Reno NV, 89501