$ 430,000 $ 550,000 21.8%

611 Elko

Reno, NV 89512

  • 1,620 SqFt
  • 5,227 Lot Size
  • 1998 Year Built
Multi-family opportunity featuring three studio units in the Wells Avenue District. Wood siding exterior and mature trees enhancing its curb appeal, this property offers ample street parking and convenient alley access to garage spaces which varies per unit. 5% cap rate, it presents a fantastic investment opportunity in close proximity to the University of Nevada, Reno.
Listed by Dickson Realty - Damonte Ranch

GALLERY

611 Elko Ave, Reno, NV 89512
611 Elko Ave, Reno, NV 89512
611 Elko Ave, Reno, NV 89512
611 Elko Ave, Reno, NV 89512

PROPERTY DETAIL

  • Key Details

    Sold Price $430,000

    Property Type Single Family Home

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 1, 620 sqft

    Price per Sqft $265

    MLS Listing ID 240013912

    Sold Date 01/31/25

    Year Built 1998

    Annual Tax Amount $2,545

    Lot Size 5,227 Sqft

    Acres 0.12

    Lot Dimensions 0.12

  • Location

    State NV

    County Washoe

    Zoning Mdid

    Direction Wells to E Sixth

  • Building

    Lot Description Landscaped

    Story 2

    Foundation Crawl Space

    Water Public

    Structure Type Frame,Wood Siding

  • Interior

    Heating Forced Air, Natural Gas, Wall Furnace

    Flooring Vinyl

    Laundry None

  • Exterior

    Parking Features Alley Access, Garage, Varies by Unit

    Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage

    View Y/N No

    Roof Type Composition,Pitched,Shingle

    Garage No

  • Schools

    Elementary Schools Booth

    Middle Schools Vaughn

    High Schools Wooster

  • Others

    Tax ID 00818107

    Acceptable Financing 1031 Exchange, Cash, Conventional

    Listing Terms 1031 Exchange, Cash, Conventional

    Special Listing Condition Court Approval

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CONTACT

Richard Berman
Richard Berman
Email: rberman@dicksonrealty.com Tel: +1(775) 450-1940

S.181980

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