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    1668 Locust St , 1-8

    Reno, NV 89502
    • $2,000,000
    • STATUS: Active
    • ON SITE: 47 days
    • MLS #: 210008696
    UPDATED: 4 min ago
    $2,000,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,790
      SQFT
    • $295
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Major Investment Opportunity! This 8 unit apartment building is close to Midtown and the up-and-coming Wells Avenue Merchant District. Within walking distance to both Reno Public Market, a major renovation project with plans for several new shops boutique eateries planned, and the Reno Experience District which is currently under construction on 70,000+ square feet of retail space. This is a rare chance to own several units in a prime Reno resurgence location!

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    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals 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: 2021-08-05T23:19:44.343.
    www.moraleshallgroup.com/homes/118503034
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    1668 Locust St , 1-8 Reno, NV 89502

    • Price: $2,000,000
    • Status: Active
    • Updated: 4 min ago
    • MLS #: 210008696
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    6,790
    SQFT
    $295
    $/SQFT
    1982
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Elementary School:
    Veterans
    Middle School:
    Vaughn
    High School:
    Wooster
    Property Description
    Major Investment Opportunity! This 8 unit apartment building is close to Midtown and the up-and-coming Wells Avenue Merchant District. Within walking distance to both Reno Public Market, a major renovation project with plans for several new shops boutique eateries planned, and the Reno Experience District which is currently under construction on 70,000+ square feet of retail space. This is a rare chance to own several units in a prime Reno resurgence location!
    Exterior Features

    Construction Wood Frame Exterior Masonite Fenced BackPartial Foundation Concrete/Crawl Space Landscaped Partially Landscaped Parking Capacity 21 Parking Types CommonDesignated Parking Roof AsphaltComposition/ShinglePitched Sprinklers Drip-FullYes

    Interior Features

    1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 8 2 Bedroom Sq Ft 848 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigeratorVaries Per Unit Flooring CarpetCeramic TileSheet Vinyl Heating Cooling Air UnitElectricForced AirNatural Gas Laundry None Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Smoke Detector Water Heater Electric Windows Double PaneVinyl Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 985 2 Bedroom Units 8 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 Debt Service 0 Annual Expenses 13622.18 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available No Common Features None Documents On File None Facility Features Master Meter-WaterSeparate Meters-ElectricSeparated Meters-Gas Green Feature Double Pane Windows Green Features None Gross Scheduled Income 96120 HUD No Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 82497.82 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity SewerCity/County WaterElectricityNatural GasVaries By UnitWater Meter Installed Zoning Actual Mf30

    © 2021 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Ferrari-Lund Real Estate Reno.

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Morales Hall Group | RE/MAX Professionals. Real estate listings held by brokerage firms other than Morales Hall Group | RE/MAX Professionals 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: 2021-08-05T23:19:44.343.
     
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    Morales Hall Group | RE/MAX Professionals
    7900 Rancharrah Parkway, Suite 210
    Reno NV, 89511