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    1026 W 2nd

    Reno, NV 89503
    • $330,000
    • STATUS: Active Under Contract
    • ON SITE: 126 days
    • MLS #: 200007969
    Under Contract
    UPDATED: 38 min ago
    $330,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,146
      SQFT
    • $288
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:

    School Ratings & Info

    Description

    Updated duplex adjacent to the West 2nd Redevelopment Area, Historical Powning Addition District and Downtown. Both units have been updated with new kitchen, appliances, flooring, and paint. Fully fenced with ample parking. Walking distance to the river, downtown, shops and cafes. The 2 bed unit estimated rent is for $1075/mo and the 1 bed unit estimated rent is for $925/mo. Arterial Commercial zoning gives this property a wide variety of highest and best uses. The Pro forma estimated CAP rate is 5.9%

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    © 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: 2020-10-23T17:19:57.783.
    www.ferrari-lund.com/homes/107001791
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    1026 W 2nd Reno, NV 89503

    • Price: $330,000
    • Status: Active Under Contract
    • Updated: 38 min ago
    • MLS #: 200007969
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,146
    SQFT
    $288
    $/SQFT
    1942
    Built
    Neighborhood:
    Reno-Old Northwest
    County:
    Washoe
    Area:
    Reno-Old Northwest
    Property Description
    Updated duplex adjacent to the West 2nd Redevelopment Area, Historical Powning Addition District and Downtown. Both units have been updated with new kitchen, appliances, flooring, and paint. Fully fenced with ample parking. Walking distance to the river, downtown, shops and cafes. The 2 bed unit estimated rent is for $1075/mo and the 1 bed unit estimated rent is for $925/mo. Arterial Commercial zoning gives this property a wide variety of highest and best uses. The Pro forma estimated CAP rate is 5.9%
    Exterior Features

    Construction Wood Frame Exterior Wood Siding Fenced Full Foundation Basement/UnfinishedConcrete/Crawl Space Landscaped None Parking Capacity 2 Parking Types None Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 500 2 Bedroom Baths 1 2 Bedroom Sq Ft 648 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigerator Flooring Ceramic TileLaminateVinyl Tile Heating Cooling Natural GasForced Air Laundry None Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Smoke Detector Water Heater Natural Gas Windows Metal FrameSingle PaneVinyl FrameWood Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 925 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 1075 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Expenses 4091 Annual Income And Expenses Actual Annual Vacancy 480 Apod Available Yes Common Features None Documents On File None Facility Features Landlord Pays UtilitiesMaster Meter-WaterSeparate Heating/CoolingSeparate Meters-ElectricSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Features None Gross Scheduled Income 23520 Multifamily Type DuplexTriplex4-Plex Net Operating Income 19429 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities Cellular Coverage AvailCity/County WaterCommunity SewerElectricityInternet AvailableNatural Gas Zoning Actual Ac

    © 2020 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Re/Max Professionals.

    © 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: 2020-10-23T17:19:57.783.
     
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    Ferrari-Lund Real Estate
    3700 Lakeside Drive
    Reno NV, 89509