FOR SALE
225 Cheney St, Reno, NV 89502
225 Cheney St, Reno, NV 89502
PROPERTY DESCRIPTION
225 Cheney St is a prime investment opportunity in Midtown Reno's heart, one of the city’s most vibrant and sought-after neighborhoods. This charming duplex offers the perfect blend of modern convenience and historic character, surrounded by trendy boutiques, top-rated restaurants, and a thriving art scene. Each unit is thoughtfully designed with spacious layouts, abundant natural light, and updated amenities, making it ideal for owner-occupants and renters. With its central location, residents can enjoy easy access to Reno’s downtown, parks, and entertainment while living in a cozy, walkable community. Whether you're looking for a solid income-generating property or a place to call home with the bonus of rental income, 225 Cheney St offers exceptional potential in a high-demand area.
PROPERTY DETAILS
Listing Status
Active
Square Footage
1,700
Gross Annual Income
$34,920
Listing Price
$650,000
Price Per SqFt
$382
Unit Mix
2 bed/1 bath
Year Built
1925
Units
2
Type
Multifamily
Property Financials + Reports
MULTIFAMILY INVESTMENT PROPERTY ANALYSIS (MIPA)
What is a MIPA?
The MIPA is a comprehensive analysis reporting tool for multifamily investment properties that provides all the pertinent information necessary to make an informed and strategic purchase decision.
What is a My Loan?
My Loan is not a conventional loan chart. It incorporates the cash flow for every interest rate and down payment scenario, allowing the investor to determine the necessary loan-to-value (LTV) and percentage rate to achieve their objectives.
The Agents
Trevor Richardson
