NV > Reno > Nv
Reno, NV 89512,519 Elko Ave
Reno, NV 89512,519 Elko Ave
Reno, NV 89512,519 Elko Ave
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Hadley Faught

Hadley Faught

+1(775) 217-3890
$875,000
Est. payment /mo
3 Beds
2 Baths
2,856 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Price Changed

Purchase Type For Sale

Square Footage 2,856 sqft

Price per Sqft $306

Subdivision Nv

MLS Listing ID 250004448

Bedrooms 3

Year Built 1915

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Apartment Building (up to 8 Units)

Property Description

Prime investment opportunity in Reno's thriving and growing downtown area at 519 Elko Ave, offering excellent rental income potential. This 5 unit multifamily has been fully renovated in 2021 with up to date appliances and amenities. In a growing urban location, making it an ideal choice for both buyers, investors and renters. The property includes two duplexes, each with 2-bedroom, 1-bathroom units, along with separate 1-bedroom, 1-bathroom units. Cap rate is 5.89% Located in the heart of Reno, walking distance to University of Nevada Reno, and minutes away from the main highway. A great location for just about anyone! Nearby stores, outlets, and schools. It does not get any better than this! Perfect for any student trying to stay close to campus and still be minutes away from the university.

Location

State NV

County Washoe

Zoning MD-ID

Interior

Heating Evap Cooling, Natural Gas, Radiant Heat-Ceiling, Varies by Unit

Cooling Evap Cooling, Natural Gas, Radiant Heat-Ceiling, Varies by Unit

Flooring Laminate, Varies by Unit

Appliance Refrigerator, Oven/Range, Dishwasher, Microwave, Varies Per Unit

Laundry Common, Varies Per Unit

Exterior

Exterior Feature Masonry Veneer, Vinyl Siding

Fence Full

Utilities Available City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail

Roof Type Pitched

Total Parking Spaces 7

Building

Story 2 Story

Foundation Basement/Finished, Concrete/Crawl Space

Water Electric

Level or Stories 2 Story

Structure Type Wood Frame

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 00853105

SqFt Source 2856

Special Listing Condition None

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Listed by Reno Real Estate

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agent

Hadley Faught

+1(775) 217-3890

Broker Associate | License ID: BS.0146658

Broker Associate License ID: BS.0146658

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