10005 Sagewood Dr - Terrific Triplex in Reno 3 Unit Apartment Building Offered at $725,000 at a 5.79% Cap Rate Reno, NV 89506

Welcome to 10005 Sage Wood, a rare and desirable single-story triplex offering a blend of comfort, privacy, and investment potential. Each of the three units features 2 bedrooms and 1 bathroom with well-planned layouts and private entrances. The middle unit appears slightly larger, making it a great option for an owner-user or premium tenant. Each unit includes parking for two vehicles, and the spacious backyard has been thoughtfully divided to provide separate outdoor spaces for each unit. All units are currently vacant, with the seller having provided proper notice to tenants before listing—allowing for immediate occupancy or leasing at market rates. The fair market value for the units would be about $ 1,622 a month per unit(see attachments for Rentometer Pro estimated Rent report), with a very respectable annual rent of $58,392 and an anticipated cap rate of approximately 6%. Whether you're an investor looking to expand your portfolio or a homeowner interested in offsetting your mortgage with rental income, this property presents an excellent opportunity. Clean, functional, and ready to go—this triplex checks all the boxes.
Listing courtesy of Christy Klingler NV Lic #:S.49001 Dickson Realty – Sparks LIC # B.S 145793