453 Poplar St.

    Reno, NV 89512
    • $699,000
    • STATUS: Active
    • ON SITE: 180 days
    • MLS #: 180018399
    UPDATED: 65 min ago
    $699,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,280
      SQFT
    • $307
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

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    © 2019 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: 2019-06-26T11:19:47.227.
    www.ferrari-lund.com/homes/90384304

    453 Poplar St. Reno, NV 89512

    • Price: $699,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 180018399
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    2,280
    SQFT
    $307
    $/SQFT
    1948
    Built
    Neighborhood:
    Reno-North
    County:
    Washoe
    Area:
    Reno-North
    Property Description
    UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info
    Exterior Features

    Construction Wood Frame Exterior Wood SidingAsbestos Fenced Partial Foundation Concrete Slab Landscaped Fully Landscaped Parking Capacity 6 Parking Types Common Roof Asphalt Sprinklers Yes

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 408 2 Bedroom Baths 1 2 Bedroom Sq Ft 866 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDishwasherMicrowaveWasherDryer Flooring Varies By Unit Heating Cooling Varies By Unit Laundry Varies Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 3 Story Studio Baths 0 Studio Sq Ft 0 Unit Features FurnishedSmoke DetectorVaries Per Unit Water Heater Natural Gas Windows Varies By Unit

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Common Features None Documents On File Rental/Leases Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricMaster Meter-WaterCentral Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Multifamily Type DuplexTriplex4-Plex Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities Varies By Unit Zoning Actual Muun

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Dl Realty.

    © 2019 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: 2019-06-26T11:19:47.227.
     
    Ferrari-Lund Real Estate
    3700 Lakeside Drive
    Reno NV, 89509