601 Grand Canyon Blvd - Apartments FOR SALE


Reno, NV 89502- Wells Avenue Neighborhood
$499,900 USD
775-846-8585
601 Grand Canyon Blvd, Reno, NV for Sale
$499,900 USD
Apartments - FOR SALE
1/32
null | 6% Cap Rate

601 Grand Canyon Blvd
Reno, NV 89502
Wells Avenue Neighborhood


HIGHLIGHTS

  • In-unit Laundry
  • Expansive corner lot
  • New Roof
  • Great proximity to dinning, shopping, services
  • Highly walkable location
  • Attached Garages

OVERVIEW

Unique investment opportunity ideally located near Reno's vibrant and rapidly growing Midtown District, with convenient access to restaurants, entertainment, shopping, and hospitals. This well-maintained and upgraded duplex features a brand-new roof, replaced main sewer lines to the curb, and is situated on a spacious corner lot with excellent future potential. Each unit includes a one-car attached garage, in-unit laundry, updated electric water heaters, and newer stoves and refrigerators. Whether you're looking to expand your investment portfolio or house hack and occupy one unit while renting out the other this property offers both versatility and long-term value in a prime location.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$430 USD /SF

# OF UNITS

2

PRICE/UNIT

$249,950

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

MF 14

APN/PARCEL ID

013-421-37

ASK ABOUT THIS PROPERTY

Bryan DrakulichDrakulich Commercial PartnersMore Info
775-846-8585

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

Bryan DrakulichDrakulich Commercial PartnersMore Info
775-846-8585

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