Average square foot calculated using Size range provided by listing agent.
Description
Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389, 000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389, 000! This property features two units, each offering 1, 118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income. Investment Highlights: • Dual Income Potential: With projected rental incomes of $2, 250 for the upper unit and$2, 000 for the lower unit, you can realize strong returns as you complete the necessary renovations. • Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements. • Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants. Prime Location: Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home. Don't Miss Out: this price is only $173.97 per square foot... Whether you're an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment. Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!Show Description
MLS® Number250051860
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.12
ExteriorNone
GarageNo
Approx. Age1959
Basement
DrivewayAlley Access, Attached, Parking Pad, Tandem
Garage Spaces
HeatNone
A/C
Heating Fuel
Extras
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