Listing provided by: Michael Wood, RE/MAX Professionals-Reno

1320 Buena Vista Ave

Reno, NV 89503
$740,000
Sold
2,849 ft²Interior
6,098 ft²Lot size

Overview

Investment Opportunity Alert! Welcome to this fantastic triplex strategically positioned near the University of Nevada, offering a lucrative blend of convenience and income potential. In process of getting a new roof installed. Perfectly located for student housing or rental income, this property promises a smart investment for the savvy investor. Property has off-street parking for added convenience. The upstairs units benefit from a shared laundry setup in the garage, while the downstairs unit enjoys, its own laundry facility in the utility room.This thoughtful arrangement maximizes tenant convenience and minimizes maintenance hassle. Utility management is a breeze with two electric meters and a shared gas meter, all units are serviced by a multi-zone boiler that handles heat and hot water for all three units. Current rental agreements are month to month and include electric and gas expenses, ensuring a hassle-free experience for both tenants and landlord. Beyond the practical amenities, this property features a charming, shared courtyard and a backyard, offering outdoor space for relaxation and recreation. Residents will appreciate the walking distance to the University of Nevada, Reno (UNR), and the nearby Rancho San Rafael Park, making it an attractive location for students and renters alike. Plus, its proximity to downtown adds to its appeal, providing easy access to shopping, dining, and entertainment options. Whether you're an experienced investor looking to expand your portfolio or a newcomer to real estate investment seeking a promising opportunity, this triplex is a must-see. Don't miss out on the chance to capitalize on this prime location and excellent income potential. Showings will be approved based on an accepted offer. Property is tenant occupied. Please do not disturb the tenants. Interior photos are prior to tenants occupying.

Details

General

Type
Multi-family
Square footage
2,849 sq. ft.
Lot size
6,098 sq. ft.
Year built
1962
Pool
No
Parking spaces
4

Included features

Cellular Coverage Internet Available Electricity Available Natural Gas Available Sewer Available Water Available

Listing information

MLS #
240004020
APN
00710411
Listing provided by
Michael Wood, RE/MAX Professionals-Reno
Attribution Contact
+17752502007
Status
Sold