$1,140,000
$1,195,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
5,040 SqFt
SOLD DATE : 08/12/2022
Key Details
Sold Price $1,140,000
Property Type Multi-Family
Sub Type Apartment Building (up to 8 Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $226
Subdivision Nv
MLS Listing ID 220009059
Sold Date 08/12/22
Bedrooms 2
Year Built 1968
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Apartment Building (up to 8 Units)
Property Description
3501 â 3511 Carlos Street presents an opportunity to acquire a 6-unit multi-family investment property located in Reno, NV, with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have in unit washer and dryers, large kitchens, newer cabinets, granite countertops and backsplash, tile flooring, private yard area, on-site parking, and approximately 840 sq ft of living space. Recent capital improvements have been done including a new roof, and exterior paint. The property is priced below recent area comparable sales. Multifamily property owners continue to see rising rental rents from the shrinking supply and increased demand, and incoming major employers. Investors buying in Nevada benefit from competitive cap rates, rising rental rates, landlord-friendly laws, and benefit from Nevadaâs lack of a state income tax.
Location
State NV
County Washoe
Area Reno-Southeast
Zoning MF-30
Interior
Heating Evap Cooling, Natural Gas
Cooling Evap Cooling, Natural Gas
Flooring Carpet, Ceramic Tile, Sheet Vinyl
Appliance Dryer, Oven/Range, Refrigerator, Washer
Laundry Hook-Up
Exterior
Exterior Feature Asbestos
Fence Back, Partial
Utilities Available City/County Water, City Sewer, Electricity, Natural Gas
Roof Type Composition/Shingle,Pitched
Total Parking Spaces 6
Building
Story 1 Story
Foundation Concrete/Crawl Space
Water Natural Gas
Level or Stories 1 Story
Structure Type Wood Frame
Others
Tax ID 02028134
SqFt Source 5040
Special Listing Condition None
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