$1,170,000
$1,250,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
540 W 2nd ST Street Reno, NV 89503
4,093 SqFt
Key Details
Sold Price $1,170,000
Property Type Manufactured Home
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,093 sqft
Price per Sqft $285
MLS Listing ID 240005321
Sold Date 10/24/24
Year Built 1914
Annual Tax Amount $3,134
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 0.16
Property Sub-Type Quadruplex
Property Description
Unique opportunity to own a newly renovated, fully furnished, 4 unit building located blocks from downtown Reno. Units have high ceilings, appliances, tasteful decor, and lots of charm. The fully landscaped outdoor space features a hot tub, artificial grass, lighting, and covered awnings. New heating and cooling systems were installed in 2017. This property has tons of historical character, with modern upgrades and finishing., The owners have meticulously curated almost every aspect of the building, and the running of their rental business. Most of the building is rented out for short term occupants, who consistently leave 5 star reviews. There is also one long term month-to-month tenant. A slew of resources are available to the next owner, if needed, including a staff who takes care of reservation and cleaning. The building has a built in hospitable reputation.
Location
State NV
County Washoe
Zoning MUDR
Direction Bell St
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Vinyl
Equipment Varies By Unit
Laundry Common Area, In Hall, Varies By Unit
Exterior
Exterior Feature Balcony
Parking Features Common, Garage
Utilities Available Electricity Available, Sewer Available, Water Available, Water Meter Installed
Amenities Available Barbecue
View Y/N No
Roof Type Composition,Pitched,Shingle
Garage No
Building
Lot Description Landscaped, Sprinklers In Front, Other
Story 2
Foundation Stone
Water Public
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Hunter Lake
Middle Schools Swope
High Schools Reno
Others
Tax ID 01102217
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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