Average square foot calculated using Size range provided by listing agent.
Description
Exceptional investment opportunity located just blocks from The University of Nevada Reno, easy access to the lively downtown area and a short trip to the popular Rancho San Rafael Regional Park. This rare multifamily property sits on a prominent corner lot and includes two well-maintained duplexes (4 total units). With flexible MF-30 zoning, there is significant upside potential for future redevelopment, additional units, or long-term cash flow. Ample off-street parking for residents. Each of the units have attractive laminate flooring throughout and an abundance of natural light from the windows. The single-level layout of each unit features an open floorplan, creating a comfortable and inviting living space. Whether you're seeking a turnkey cash-flowing asset or a strategic redevelopment play, this property offers the flexibility and location that seasoned investors seek. Opportunities like this—zoned MF-30, on a corner lot, and walking distance to a major university—don't come along often.Show Description
MLS® Number250051510
Laundry LevelIn Unit, Washer Hookup, Varies By Unit
Central VacNo
FireplaceNo
Acreage0.22
ExteriorNone
GarageNo
Approx. Age1955
Basement
DrivewayCommon, Parking Pad, RV Access/Parking
Garage Spaces
HeatWall Furnace
A/CWall/Window Unit(s)
Heating Fuel
Extras
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