531 Mill Street

    Reno, NV 89502
    • $498,500
    • STATUS: Active
    • ON SITE: 16 days
    • MLS #: 190001182
    UPDATED: 17 min ago
    $498,500
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,548
      SQFT
    • $196
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    3 unit property with a 7% cap rate in the heart of the rapidly developing area of Mill Street. Property is located in the path of the Downtown Reno redevelopment, across the street from the proposed Mill St. Lofts (90 unit residential condominium in the heart of downtown Reno) and the new Mill Street Still & Brew. These 3 units consist of a duplex with each unit offering 2-bedrooms, 1 bathroom and an additional 800+ square feet basement.

    Monthly Payment Calculator

    © 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: 2019-02-16T17:19:48.873.
    www.ferrari-lund.com/homes/91298172

    531 Mill Street Reno, NV 89502

    • Price: $498,500
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 190001182
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    2,548
    SQFT
    $196
    $/SQFT
    1932
    Built
    Neighborhood:
    Reno-Downtown Core
    County:
    Washoe
    Area:
    Reno-Downtown Core
    Property Description
    3 unit property with a 7% cap rate in the heart of the rapidly developing area of Mill Street. Property is located in the path of the Downtown Reno redevelopment, across the street from the proposed Mill St. Lofts (90 unit residential condominium in the heart of downtown Reno) and the new Mill Street Still & Brew. These 3 units consist of a duplex with each unit offering 2-bedrooms, 1 bathroom and an additional 800+ square feet basement.
    Exterior Features

    Construction Masonry Exterior Masonry VeneerBrick Fenced BackPartial Foundation Basement/Unfinished Landscaped Partially Landscaped Parking Capacity 3 Parking Types GarageDesignated ParkingCommon Roof Composition/ShinglePitched Sprinklers None

    Interior Features

    1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 3 2 Bedroom Sq Ft 924 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeWasherDryerVaries Per Unit Flooring CarpetSheet VinylVinyl TileVaries By Unit Heating Cooling ElectricNatural GasHeat Pump Laundry SeparateHook-UpVaries Per Unit 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 Blinds/ShadesSmoke Detector Water Heater Natural Gas Windows Double PaneLow EVinyl Frame

    Property Features

    1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1100 2 Bedroom Units 3 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 Income And Expenses Actual Apod Available Yes Common Features Alley Access Documents On File Financial StatementsRental/Leases Down Payment Assistance No Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Feature Double Pane WindowsLow E Windows Green Features None Multifamily Type DuplexTriplex4-Plex Owners May Sell Exchange 1031ConventionalCash Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneInternet AvailableCellular Coverage Avail Zoning Actual Mudr

    © 2019 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Clark Real Estate & Inv..

    © 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: 2019-02-16T17:19:48.873.
     
    Ferrari-Lund Real Estate
    3700 Lakeside Drive
    Reno NV, 89509