Excellent investment opportunity in the heart of Midtown Reno! This well-maintained triplex consists of a duplex with separate gas and electric meters for each unit and a shared water meter, plus a detached third unit with its own water, gas, and electric meters. All three units have been fully remodeled and feature luxury vinyl plank flooring, updated ABS waste lines, stainless steel appliances, and gas ranges. Each unit is currently leased on one-year agreements at $1,395 per month, providing immediate rental income. Situated on an MF-30 zoned lot, the property offers exceptional redevelopment potential, with zoning allowing for up to six units (buyer to verify with the City of Reno). Whether you're seeking a turnkey income property or a future development opportunity, this is a rare investment in one of Reno's most desirable central locations.
Utilities for property: Cable Available, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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