519 Elko Ave Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89512
Key Details
Property Type Multi-Family
Sub Type Apartment Building (up to 8 Units)
Listing Status Active
Purchase Type For Sale
Square Footage 2,856 sqft
Price per Sqft $315
Subdivision Nv
MLS Listing ID 250004448
Bedrooms 3
Year Built 1915
Lot Size 7,492 Sqft
Acres 0.172
Property Sub-Type Apartment Building (up to 8 Units)
Property Description
Prime investment opportunity in Reno's thriving and growing downtown area at 519 Elko Ave, offering excellent rental income potential. This 5 unit multifamily has been fully renovated in 2021 with up to date appliances and amenities. In a growing urban location, making it an ideal choice for both buyers, investors and renters. The property includes two duplexes, each with 2-bedroom, 1-bathroom units, along with separate 1-bedroom, 1-bathroom units. Cap rate is 5.89% Located in the heart of Reno, walking distance to University of Nevada Reno, and minutes away from the main highway. A great location for just about anyone! Nearby stores, outlets, and schools. It does not get any better than this! Perfect for any student trying to stay close to campus and still be minutes away from the university.
Location
State NV
County Washoe
Zoning MD-ID
Interior
Heating Evap Cooling,Natural Gas,Radiant Heat-Ceiling,Varies by Unit
Cooling Evap Cooling,Natural Gas,Radiant Heat-Ceiling,Varies by Unit
Flooring Laminate,Varies by Unit
Appliance Refrigerator,Oven/Range,Dishwasher,Microwave,Varies Per Unit
Laundry Common,Varies Per Unit
Exterior
Exterior Feature Masonry Veneer,Vinyl Siding
Fence Full
Utilities Available City/County Water,City Sewer,Electricity,Natural Gas,Internet Available,Cellular Coverage Avail
Roof Type Pitched
Total Parking Spaces 7
Building
Story 2 Story
Foundation Basement/Finished,Concrete/Crawl Space
Water Electric
Level or Stories 2 Story
Structure Type Wood Frame
Schools
Elementary Schools Booth
Middle Schools Vaughn
High Schools Wooster
Others
Tax ID 00853105
SqFt Source 2856
Special Listing Condition None