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    1002 S Arlington Ave

    Reno, NV 89509
    • $2,000,000
    • STATUS: Active
    • ON SITE: 38 days
    • MLS #: 200006899
    UPDATED: 58 min ago
    $2,000,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,500
      SQFT
    • $308
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Fantastic Investment Opportunity in old Southwest Reno at the intersection of Arlington Ave and La Rue Ave. Low Maintenance, three buildings, strong tenant, and a cap rate of approximately 7.00%. There is a modified gross lease in place. See associated docs for Property Flyer and Property profile under the documents link. Sale includes both parcels 01131313 and 01131314 for 1002 S. Arlington Ave and 562 LaRue Ave.

    Monthly Payment Calculator

    © 2020 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ferrari-Lund Real Estate. Real estate listings held by brokerage firms other than Ferrari-Lund Real Estate are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-07-10T10:19:43.297.
    www.ferrari-lund.com/homes/106421970
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    1002 S Arlington Ave Reno, NV 89509

    • Price: $2,000,000
    • Status: Active
    • Updated: 58 min ago
    • MLS #: 200006899
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.39
    Acres
    6,500
    SQFT
    $308
    $/SQFT
    1937
    Built
    Neighborhood:
    Reno-Old Southwest
    County:
    Washoe
    Area:
    Reno-Old Southwest
    Property Description
    Fantastic Investment Opportunity in old Southwest Reno at the intersection of Arlington Ave and La Rue Ave. Low Maintenance, three buildings, strong tenant, and a cap rate of approximately 7.00%. There is a modified gross lease in place. See associated docs for Property Flyer and Property profile under the documents link. Sale includes both parcels 01131313 and 01131314 for 1002 S. Arlington Ave and 562 LaRue Ave.
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced BackFrontPartialVaries Per Unit Foundation Basement/UnfinishedConcrete/Crawl Space Landscaped Partially Landscaped Parking Capacity 10 Parking Types Common Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 2 2 Bedroom Sq Ft 0 3 Bedroom Baths 2 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DishwasherDisposalDryerMicrowaveOven/RangeRefrigeratorVaries Per UnitWasher Flooring CarpetLaminateSheet VinylVaries By Unit Heating Cooling Natural GasForced Air Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 4 Studio Sq Ft 0 Unit Features BalconyBlinds/ShadesDrapes/CurtainsVaries Per Unit Water Heater Natural Gas Windows Combo/VariesDouble PaneVaries By UnitVinyl FrameWood Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 2 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 10250 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Common Features Alley AccessBbq/Picnic AreaSatellite Dish Documents On File Rental/Leases Facility Features Resident ManageSeparate Heating/CoolingSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 156000 HUD No Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 145750 Owners May Sell AssumptionCashConventionalExchange 1031Owner Carry 1st Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 15 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneVaries By UnitWater Meter Installed Zoning Actual Mf14

    © 2020 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Haute Properties Nv.

    © 2020 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ferrari-Lund Real Estate. Real estate listings held by brokerage firms other than Ferrari-Lund Real Estate are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-07-10T10:19:43.297.
     
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    Ferrari-Lund Real Estate
    3700 Lakeside Drive
    Reno NV, 89509