NOT LISTED FOR SALE

532 Claremont St Reno, NV 89502

Wells Avenue District Neighborhood
2 Beds
1 Bath
2,146 Sq Ft
6,534 Sq Ft Lot

Last Sold July 07, 2023

Last sale price $580,000 $270 Per Sq Ft

3 Days on Market

Highlights

  • Wood Flooring
  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Double Pane Windows
  • Landscaped
  • 5 Car Garage

About This Home

As of July 2023

Super investment opportunity to own 3 units including a 2 bedroom 1 bath house with a full basement and a 1 car garage / storage area, and a duplex with a 2 bedroom and 1 bedroom unit and alley access. Close to the VA hospital, bus lines, and shopping all in an up and coming area that is always in demand for rentals.

Last Agent to Sell the Property

Jimmy Morris

Ferrari-Lund Real Estate Reno License #S.38434 Listed on: 05/20/2023

Ferrari-Lund Real Estate Reno

Last Buyer's Agent

Trevor Richardson

Address Income License #B.1002905

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 1932

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped

Home Design

  • Slab Foundation
  • Frame Construction
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,146 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Gas Range
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 5 Car Garage
  • Alley Access
  • Assigned Parking

Schools

  • Veterans Elementary School
  • Vaughn Middle School
  • Wooster High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01323606

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Vacancy Allowance $1,530
  • Net Operating Income $39,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,600

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Year Built: 1932
  • Property Type: Residential Income
  • Lot Features: Landscaped
  • Lot Size Acres: 0.15
  • Road Frontage Type: Public
  • Security Features: Smoke Detector(s)
  • Co List Office Mls Id: 643-o
  • Co List Office Phone: 775-688-4000
  • Directions: Kirman
  • Has Cooling?: Yes
  • Tax Legal Zoning4: 2146
  • Building Stories5: 1
  • Cooling Evaporative Cooling: Yes
  • Lot Features Landscaped: Yes
  • Foundation Details Slab: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Water Heater Electric5: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Partial2: Yes
  • Water Heater Gas5: Yes
  • Construction Materials Frame: Yes
  • Tax Legal Elementary School2: Veterans
  • Tax Legal High School2: Wooster
  • Lot Lot Size Acres4: 0.15
  • Lot Lot Size Square Feet4: 6534.0
  • Appliances Oven: Yes
  • Appliances Gas Range: Yes
  • Foundation Details Crawl Space2: Yes
  • Tax Legal Tax Annual Amount3: 1600.0
  • Incomeand Expenses Net Operating Income: 39270.0
  • Contract Rent Control Y N: No
  • Association Community Number Of Buildings2: 2.0
  • Building Number Of Units Total5: 3.0
  • Special Information Onsite Management Y N: No
  • Meter Information Separate Meters Y N: No
  • Meter Information Separate Electric Meters Y N: No
  • Meter Information Separate Gas Meters Y N: No
  • Meter Information Separate Water Meters Y N: No
  • Meter Information Separate Water Heaters Y N: Yes
  • 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: No
  • Tax Legal Middleor Junior School: Vaughn
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Oven, Disposal, Dryer, Gas Range, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile, Concrete, Varies, Vinyl, Wood
  • Number Of Buildings: 2
  • Window Features: Double Pane Windows, Metal Frames, Single Pane Windows, Vinyl Frames, Varies
  • Flooring Carpet: Yes
  • Window Features Double Pane Windows: Yes
  • Window Features Vinyl Frames: Yes
  • Laundry Features In Kitchen: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Metal Frames: Yes
  • Flooring Vinyl: Yes
  • Flooring Concrete3: Yes
  • Interior Building Area Total3: 2146.0
  • Laundry Features Washer Hookup: Yes

Exterior Features

  • Roof: Composition, Pitched, Shingle
  • Stories: 1
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Slab, Crawl Space
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Alley Access, Assigned, Garage
  • Total Parking Spaces: 5.0
  • Parking Features Garage: Yes
  • Parking Information Parking Total4: 5.0
  • Parking Features Assigned: Yes
  • Parking Features Alley Access: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed, Varies By Unit
  • Water Source: Public
  • Laundry Features: In Kitchen, Washer Hookup, Varies By Unit
  • Cooling: Evaporative Cooling, Varies By Unit
  • Heating: Forced Air, Natural Gas, Wall Furnace, Varies By Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Heating Forced Air: Yes
  • Heating Natural Gas: Yes
  • Water Source Public: Yes
  • Heating Wall Furnace: Yes
  • Utilities Heating Y N5: Yes
  • Utilities Cooling Y N5: Yes

Schools

  • Middle Or Junior School: Vaughn

Lot Info

  • Parcel Number: 01323606
  • Fencing: Partial
  • Lot Size Sq Ft: 6534.0
  • Zoning: 2146

Multi Family

  • Gross Scheduled Income: 51000.0
  • Number Of Units Total: 3
  • Income And Expenses Vacancy Allowance: 1530
  • Income And Expenses Vacancy Allowance: 1530

Tax Info

  • Tax Annual Amount: 1600.0

MLS Schools

  • Elementary School: Veterans
  • HighSchool: Wooster

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $580,000 +0.9% $270 / Sq Ft
05/26/2023 05/26/23 For Sale $575,000 0.0% $268 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $575,000 -- $268 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jimmy Morris

    Seller's Agent in 2023

    Jimmy Morris

    Ferrari-Lund Real Estate Reno

    (775) 813-0178

    2 in this area

    45 Total Sales

    Jimmy Morris
    Section Image
  • Trevor Richardson

    Buyer's Agent in 2023

    Trevor Richardson

    Address Income

    (775) 413-9874

    5 in this area

    59 Total Sales

    Trevor Richardson
    Section Image
See All Agents

Map

Source: Northern Nevada Regional MLS

MLS Number: 230005071

Northern Nevada Regional MLS

APN: 013-236-06

Nevada Washoe County Reno 89502 Wells Avenue District

532 Claremont St, Reno, NV

Not Listed for Sale

MultiFamily

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