127 & 131 E Arroyo

    Reno, NV 89502
    • $1,216,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 190014204
    UPDATED: 48 min ago
    $1,216,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,491
      SQFT
    • $271
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    Here are the particulars on the 2 parcels in MidTown. First both parcels are zoned CC/Community Commercial, these properties could be converted to a commercial use as many in the area have been. All 5 structures have completely new roofs, along with 135 E Arroyo which was also remodeled, new fencing, new wood flooring in units, granite counters in 131, Most all units have new appliances, along with many other upgrades and alley access. These properties are located in "THE OPPORTUNITY ZONE"

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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: 2019-12-07T21:19:41.24.
    www.nvgemmere.com/homes/98846759

    127 & 131 E Arroyo Reno, NV 89502

    • Price: $1,216,000
    • Status: Active
    • Updated: 48 min ago
    • MLS #: 190014204
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    4,491
    SQFT
    $271
    $/SQFT
    1949
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Property Description
    Here are the particulars on the 2 parcels in MidTown. First both parcels are zoned CC/Community Commercial, these properties could be converted to a commercial use as many in the area have been. All 5 structures have completely new roofs, along with 135 E Arroyo which was also remodeled, new fencing, new wood flooring in units, granite counters in 131, Most all units have new appliances, along with many other upgrades and alley access. These properties are located in "THE OPPORTUNITY ZONE"
    Exterior Features

    Construction Wood Frame Exterior Asbestos Fenced Full Foundation Basement/FinishedConcrete/Crawl SpaceMasonry Landscaped Partially Landscaped Parking Capacity 8 Parking Types GarageAttached Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 0 2 Bedroom Baths 2 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposal Flooring Ceramic TileWood Heating Cooling Natural GasForced AirWall Heater Laundry NoneHook-Up 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/ShadesSmoke Detector Water Heater Electric Windows Single PaneVinyl FrameWood Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 6 2 Bedroom Avg Rent Per Unit 0 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 Private Annual Expenses 6000 Annual Income And Expenses Actual Annual Vacancy 1286 Apod Available Yes Common Features Alley Access Documents On File Financial StatementsRental/Leases Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Features None Gross Scheduled Income 74160 Multifamily Type DuplexTriplex4-Plex Net Operating Income 66874 Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerMap To 20ElectricityNatural GasTelephoneWater Meter Installed Zoning Actual Cc

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Myer Realty.

    © 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: 2019-12-07T21:19:41.24.
     
    NVGemme Real Estate | Lori Gemme Real Estate
    200 S. Virginia Street, Suite 730
    Reno NV, 89501