Homes for sale - 1101 E Taylor ST, Reno, NV 89502

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Sep

Tue

Sep

Wed

Sep

Marilyn Dash

marilyn@marilyndash.com +1(415) 999-9087

$ 1,750,000

Est. payment | -/mo

4,760 SqFt

Save

$ 1,750,000

Est. payment | -/mo

Save

4,760 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,760 sqft

Price per Sqft $367

Subdivision Wilkinson 1

MLS Listing ID 250004216

Year Built 1962

Annual Tax Amount $2,679

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 0.2

Property Sub-Type Multi Family

Property Description

Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it's an ideal opportunity for investors seeking hassle-free ownership and long-term stability., Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today's market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don't miss this fantastic opportunity to add a quality asset to your portfolio.

Location

State NV

County Washoe

Community Wilkinson 1

Area Wilkinson 1

Zoning MF14

Direction Yori Ave & E Taylor St

Interior

Heating Electric, ENERGY STAR Qualified Equipment, Forced Air, Wall Furnace

Cooling Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)

Flooring Laminate

Laundry Common Area, In Unit

Exterior

Parking Features Assigned

Utilities Available Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Flat,Membrane

Garage No

Building

Story 2

Foundation Crawl Space

Structure Type Brick

Others

Tax ID 013-141-17

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Address Income

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(415) 999-9087

marilyn@marilyndash.com

1755 E Plumb Ln #251, Reno, NV, 89502

1101 E Taylor ST Reno, NV 89502