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3345 Smith Drive

Reno, NV 89509
  • $1,250,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 220012785
UPDATED: 89 min ago
$1,250,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,360
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

Well maintained, low maintenance 7-plex just outside of Midtown. CAP Increase upside with rents in a centralized Reno location. One building, one parcel but two addresses, consisting of 1 3 bdrm 1 bath house (Built 1947) and 6 1 bdrm 1 bath units (Built 1982). Come take a look, great investment. Front space set up for laundry room.

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Northern Nevada Regional MLS logo © 2022 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: 2022-09-30T00:20:00.43.
www.moraleshallgroup.com/homes/132482241
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3345 Smith Drive Reno, NV 89509

  • Price: $1,250,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 89 min ago
  • MLS #: 220012785
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,360
SQFT
$287
$/SQFT
1947
Built
Neighborhood:
Reno-Southwest
County:
Washoe
Area:
Reno-Southwest
Property Description
Well maintained, low maintenance 7-plex just outside of Midtown. CAP Increase upside with rents in a centralized Reno location. One building, one parcel but two addresses, consisting of 1 3 bdrm 1 bath house (Built 1947) and 6 1 bdrm 1 bath units (Built 1982). Come take a look, great investment. Front space set up for laundry room.
Exterior Features

Construction Wood Frame Exterior BrickMasonry VeneerWood Siding Fenced BackPartial Foundation Concrete/Crawl Space Landscaped None Parking Capacity 10 Parking Types CommonNone Roof PitchedTile Sprinklers None

Interior Features

1 Bedroom Baths 6 1 Bedroom Sq Ft 540 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 1 3 Bedroom Sq Ft 1140 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigerator Flooring CarpetSheet Vinyl Heating Cooling ElectricEvap CoolingNatural GasVaries By Unit Laundry Hook-UpSeparate 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 None Water Heater Electric Windows Double PaneMetal Frame

Property Features

1 Bedroom Avg Rent Per Unit 900 1 Bedroom Units 6 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 1400 3 Bedroom Units 1 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 10476.38 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Common Features None Documents On File Rental/Leases Facility Features Landlord Pays UtilitiesSeparate Heating/CoolingSeparate Meters-ElectricSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 70800 HUD No Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 60323.62 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneVaries By UnitWater Meter InstalledInternet Available Zoning Actual Mu

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Chase International-Damonte: 775-850-5900.

Northern Nevada Regional MLS logo © 2022 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: 2022-09-30T00:20:00.43.
 
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Morales Hall Group | RE/MAX Professionals
7900 Rancharrah Parkway, Suite 210
Reno NV, 89511