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Address Income - For Sale Signs (8)-1
985 E Taylor St
Reno, NV 89502
$899,000
3 Units
Multifamily

$448/mo

Address Income

This is the propertie's net monthly income after collected rents and expenses, known and estimated. 

5.47%

Annual Return (Cap Rate)

The Capitilization Rate or "Cap Rate" is the Net Operating Income divided by the Purchase Price. 

Investment Analysis

Download a full Multifamily Investment Property Analysis (MIPA)

Details

Status Active
MLS # 250053296
Taxes $1,399 / year
Type Multifamily
Year Built 1961
Lot Size 0.226 AC / 9,845 SF
County Washoe County

Unit Mix

Unit Type # Units Average SF
Studio    
1 BR    
2 BR  3  728
3 BR    
4 BR    
Total 3 2184

About

Great brick triplex with a BRAND NEW ROOF on both buildings! Blocks away from Midtown and the VA. In the standalone duplex, each unit has 2 bedrooms, 1 bathroom, a 1 car garage, separate laundry, and are nearly 800 sq ft each. Plenty of parking on and off-site. Each side of the duplex brings in 1,600 each, giving you solid income from day one. Tenants are all on month to month leases allowing for maximum flexibility, and strong cash flow. The standalone 2 bed 1 bath 745 sq ft brick bungalow in the back behind the duplex will be fully renovated and will be rented for 1,800 per month once complete. Has ample parking on and off-site, storage, and a spacious, long side yard. Some bigticket updates are already handled, including a brandnew roof installed this July on both buildings, exterior paint, and fresh privacy fencing around the back of the property. Fantastic curb appeal on a corner lot with low maintenance, a prime location, and timeless style—perfect whether you plan to househack or simply want to collect the cash flow. Available as a package along with the next door duplex 905 E Taylor, or available to be sold separately as a triplex. 48 hour notice for showings. Call or text listing agent for showing information and detailed cash flow analysis.

 

Website Agent Profile
Listing Agent
Jake Andronico
Investment Specialist
 
P. 415.233.1796
L. S.0200197
Interactive Investor Map (34)