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1502 Rand Ave
Carson City, NV 89706
Multifamily Property For Sale · 5 Units

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.40 AC
Building Size 4,800 SF
No. Stories 1
Year Built/Renovated 1967/2017
Parking Ratio 2.29/1,000 SF
Zoning MFA

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Storage Space
  • Heating
  • Tile Floors
  • Kitchen
  • Yard
  • Dining Room
  • Double Pane Windows

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities

ABOUT 1502 RAND AVE , CARSON CITY, NV 89706

Great opportunity to own 5 separate houses on 1 parcel with upside rent potential for only $185,000 a house!! The property features owner owned coin op laundry units (2 washers & 2 dryers), on site parking, private fenced yard, & outdoor storage. All roofs are pitched roof composition, all heaters are gas forced air, and each unit has their own water heater. 1772 E Long Street, 1502 & 1504 Rand Ave are 3 bedroom 1 bath houses, 1500 Rand Ave is a 3 bedroom 2 bath 1 car garage house, and 1506 Rand Ave is a 3 bedroom 2 bath house. All homes are well kept and the property has little landscape maintenance needed. Rare opportunity to own 5 large rental units with many long-term tenants. Drive by only. DO NOT DISTURB TEH TENANTS. Write offer subject to viewing and approving of the units. Subject property is located in the Southeast Carson City submarket, near Highway 395, E. Williams St, and Highway 50. The location provides Tenants with easy access to shopping, restaurants, and is a short commute to Reno, Nevada. The Southeast submarket is the largest market area in Carson City. The market area is projected to see growth in population and households. Nearby valley cities are Gardnerville, Minden, and Douglas. Nearby schools are Empire Elementary, Eagle Valley Middle, and Carson High School.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+1 3 $1,075 940
3+2 2 $1,200 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
002-221-01
Land Assessment
$50,202
Improvements Assessment
$62,257
Total Assessment
$112,459
  • Listing ID: 15352467

  • Date on Market: 3/5/2019

  • Last Updated:

  • Address: 1502 Rand Ave, Carson City, NV 89706

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