Completely remodeled and fully renovated turn-key nine unit property in Midtown. One 8 plex and one single family home on .18 acre. Split the lot and sell the house and 8 plex separately. Located in Midtown, walking distance to Downtown and Wells Avenue. Easy access to Interstate 80 and UNR. This is a beautiful property inside and out. Located near some of Reno's most popular restaurants. 6.25% cap rate if you manage yourself.
140 Wonder is a fully fenced single family home built in 1928 and completely renovated in 2017. It rents for $1495 per month. It has a new 30 year roof with new sheeting, new fencing, landscaping and drip, new Pex plumbing lines, new exterior and interior paint, newly remodeled kitchen with marble backsplash, new cabinets and stainless steel appliances. Newly remodeled bathroom with custom tile and all new fixtures. New washer and dryer, new forced air conditioning, private yard and porch and off street parking.
144 Wonder is an 8 plex built in 1977 and completely renovated in 2017. Upstairs units have incredible views of downtown and/or the mountain ranges. Fresh exterior and interior paint, resurfaced parking lot with reserved spaces, new LED exterior lighting, new dual pane windows, new exterior fencing, new custom modern doors and lock sets, R-38 insulation, new high efficiency gas furnaces and forced air conditioning in all units, all new kitchen cabinets and Energy Star-rated stainless steel appliances including dishwasher and refrigerator. New stackable washer/dryers in all units, new flooring with cork underlayment for sound deadening, upgraded electrical panels and increased amperage and two new 50 gallon water heaters with recirculating pumps for instant hot water.
