$2,160,000
$2,150,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
8,898 SqFt
SOLD DATE : 11/18/2024
Key Details
Sold Price $2,160,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,898 sqft
Price per Sqft $242
MLS Listing ID 240011761
Sold Date 11/18/24
Year Built 1984
Annual Tax Amount $7,488
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions 0.36
Property Sub-Type Multi Family
Property Description
Welcome to 1199 Brinkby Ave, a rare opportunity to acquire a well-maintained 10-unit multifamily property located in the heart of Reno. Nestled in a central location, this property offers easy access to Midtown, Downtown, and all the vibrant amenities Reno has to offer. Built in 1984, this building is considered newer for small multifamily properties in Reno and features ten spacious 2-bedroom, 2-bathroom units, each offering 889 square feet of living space., Every unit is equipped with in-unit laundry, providing convenience and attracting quality tenants. This property is perfect for investors looking for stable rental income with potential for long-term growth in an up-and-coming area. Contact Listing Agent for Offering Memorandum. Buyer to verify all information. Expenses are estimated. Please do not disturb tenants.
Location
State NV
County Washoe
Zoning MF30
Direction Plumas
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Flooring Laminate
Laundry In Unit
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
Roof Type Composition,Pitched,Shingle
Building
Lot Description Landscaped, Other
Story 2
Foundation Crawl Space
Water Public
Structure Type Frame,Wood Siding
Others
Tax ID 01943111
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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