USANVReno372 Maine Street
372 Maine Street, Home with 0 bedrooms, 0 bathrooms and null parking in Reno NV | Image 1
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$1,590,000

372 Maine Street, Reno, NV

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,657
Days Active 1
Approx. Age 1972
MLS® Number 250052964

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

5.55% CAP Rate on actuals / 7% proforma CAP Rate achievable by bringing rents to market rate. Current Gross Income = $88, 213 / proforma Gross Income estimated at $111, 284. Historically, the seller has benefited from low vacancy and stable income. Laundry hook-ups in all units. Property was freshly painted in 2025. Duplex building roof was replaced in 2025. Flexible MU (Mixed Use) zoning. Property was built in various stages - 1960 (2 units), 1962 (3 units), and 1984 (4 units). $176, 667 per unit at asking price. APOD and Rent Roll are available. Property is tenant occupied - please, DO NOT disturb them.Show Description
MLS® Number250052964
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelWasher Hookup, Varies By Unit
Exposure
Exterior
GarageNo
Approx. Age1972
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/CElectric, Wall/Window Unit(s)
Heating Fuel

Extras

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