357 Roberts St - Apartments FOR SALE


Reno, NV 89502- Midtown Reno
$1,695,000 USD
775-688-4000
357 Roberts St, Reno, NV for Sale
$1,695,000 USD
Apartments - FOR SALE
1/34
null | 4.7% Cap Rate

357 Roberts St
Reno, NV 89502
Midtown Reno


HIGHLIGHTS

  • Proximity to restaurants, shopping, and nightlife

OVERVIEW

Excellent investment opportunity in Midtown offering 8 units including a duplex and 6-plex on one parcel. Duplex built in 1926; 2-bed/1-bath and 1-bed/1-bath - both units have laundry. 6-plex (built in 1963) consists of six 1-bed/1-bath units with good closet space. Potential for on-site laundry in the basement. All 8 units have designated off-street parking. Well-maintained and a fantastic location in Midtown make these units desirable and easy to rent; close proximity to restaurants, shopping, nightlife, etc.. 6-plex averages $1,025 per unit. Duplex is $1,850/mo for 2-bed/1-bath and $1,400/mo for 1-bed/1-bath. *One of the Listing Brokers is an owner of the property.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$331 USD /SF

# OF UNITS

8

PRICE/UNIT

$211,875

CAP RATE

4.7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,361 SF

ZONING

MF30

APN/PARCEL ID

013-091-12

ASK ABOUT THIS PROPERTY

Vince RossiFerrari-Lund Real EstateMore Info
775-688-4000

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Vince RossiFerrari-Lund Real EstateMore Info
775-688-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.