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Richard Berman

rberman@dicksonrealty.com +1(775) 450-1940

$880,000

Est. payment - /mo

4 Beds

4 Baths

2,288 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,288 sqft

Price per Sqft $384

Subdivision Southside

MLS Listing ID 260007314

Bedrooms 4

Year Built 1954

Annual Tax Amount $1,306

Lot Size 8,886 Sqft

Acres 0.2

Lot Dimensions 0.2

Property Sub-Type Quadruplex

Property Description

The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers all 1 bed units with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.

Location

State NV

County Washoe

Community Southside

Area Southside

Zoning MF-30

Direction Wells Ave to Capitol Hill Ave

Interior

Heating Wall Furnace

Flooring Luxury Vinyl

Fireplace No

Laundry None

Exterior

Exterior Feature None

Parking Features Common

Pool None

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Composition,Pitched

Garage No

Building

Lot Description Level

Story 1

Foundation Crawl Space

Water Public

Structure Type Asbestos,Wood Siding

Schools

Elementary Schools Veterans

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 013-411-07

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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Listed by RE/MAX Gold

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Richard Berman

Agent | S.181980

+1(775) 450-1940

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468 Capitol Hill Reno, NV 89502

Richard Berman

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Schools

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