$850,000
SOLD OCT 16, 2024
-- Bed
-- Bath
3,500 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

2 Days on Market

Highlights

  • Deck
  • Double Pane Windows
  • Patio
  • Darrell C Swope Middle School Rated A-
  • Refrigerated Cooling System
  • Drip System Landscaping

About This Home

As of October 2024

This exceptional 4-unit apartment building, constructed in 1997, offers a rare combination of modern conveniences and a prime location. The property features two spacious 2-bedroom/1-bathroom units, each offering 963 sq ft of living space, as well as two expansive 1-bedroom/1-bathroom units at a generous 787 sq ft each. Situated on the corner of Brinkby and Plumas, this property is ideally located across from the Washoe County Golf Course and just steps from the Reno Tennis Center., Its central location offers quick access to Midtown and downtown Reno, making it highly attractive to tenants who appreciate convenience and lifestyle amenities. With 8 off-street parking spaces, central air conditioning, and in-unit laundry in each unit, this property checks all the boxes for a desirable rental investment. The well-maintained landscaping features a drip system, adding to the low-maintenance appeal of this property. Contact Listing Agent for Offering Memorandum. Buyer to verify all information. Expenses are estimated. Please do not disturb tenants.

Last Agent to Sell the Property

Chris Moton

Marmot Properties, LLC License #BS.145493 Listed on: 09/13/2024

Co-Listed By

Batuhan Zadeh

Marmot Properties, LLC License #B.145130

Last Buyer's Agent

Sandra Gabrielli

RE/MAX Professionals-Sparks License #S.51564

RE/MAX Professionals-Sparks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1997

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Drip System Landscaping

Home Design

  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Blinds
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • Common or Shared Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Anderson Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Master Meter
  • Individual Gas Meter
  • Electric Water Heater

Community Details

  • 4 Units
  • Net Operating Income $39,723

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 01943227

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,365

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.16
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Co List Office Mls Id: 1854-o
  • Co List Office Phone: 775-301-5289
  • Directions: Plumas
  • Has Cooling?: Yes
  • Tax Legal Zoning4: MF30
  • Building Stories5: 2
  • Fencing Back Yard: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Anderson
  • Tax Legal High School2: Reno
  • Lot Lot Size Acres4: 0.16
  • Lot Lot Size Square Feet4: 6969.6
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 4365.0
  • Sprinklers Drip System: Yes
  • Incomeand Expenses Net Operating Income: 39723.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 1.0
  • Building Number Of Units Total5: 4.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: Yes
  • Meter Information Separate Electric Meters Y N: Yes
  • Meter Information Separate Gas Meters Y N: Yes
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: No
  • Meter Information One Primary Electric Meter Y N: No
  • Meter Information One Primary Gas Meter Y N: No
  • Meter Information One Primary Water Meter Y N: Yes
  • Tax Legal Middleor Junior School: Swope
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Flooring: Carpet, Varies, Vinyl
  • Number Of Buildings: 1
  • Other Equipment: Varies By Unit
  • Window Features: Blinds, Double Pane Windows
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Blinds: Yes
  • Flooring Vinyl: Yes
  • Interior Building Area Total3: 3500.0
  • Laundry Features In Unit: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • Construction Type: Frame, Stucco
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Patio, Deck
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Common
  • Total Parking Spaces: 8.0
  • Parking Information Parking Total4: 8.0
  • Parking Features Common: Yes

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Unit
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 01943227
  • Fencing: Back Yard
  • Lot Size Sq Ft: 6969.6
  • Zoning: MF30

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 56400.0
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4365.0

MLS Schools

  • Elementary School: Anderson
  • HighSchool: Reno

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $850,000 0.0% $243 / Sq Ft
09/14/2024 09/14/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $850,000 -- $243 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 240011763

Northern Nevada Regional MLS