342 Roberts St
Reno, NV 89502
Multifamily Property For Sale
·
6 Units
Property Facts
| No. Units | 6 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 3,740 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Zoning | MF30 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,740 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | MF30 |
About 342 ROBERTS ST , RENO, NV 89502
The apartments at 342 Roberts Street are an opportunity to acquire 6 units near the popular MidTown District. This well-maintained asset consist of 2 buildings The front building fronting Roberts St is a duplex consisting of 1,828 +/- sqft, one 2-bedroom, 1-bathroom, & one 1-bedroom, 1-bathroom. The duplex offers central air conditioning and laundry facility. The back building with alley access is a four plex consisting of 1,911 +/- sqft, all 1-Bedroom, 1-Bathroom units. The four plex built in 1985 offers wall mounted air conditioning units, fenced yards for the downstairs units, and fresh air patios for the upstairs units. The buildings are a mix of classic beautiful red brick and wood siding. 5.52% +/- cap on 2018 actuals with upside in the rents based on comparable rentals in the nearby area. DO NOT DISTURB THE TENANTS!! Showings upon accepted offer.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | $937.50 | 478 - 914 |
| 2+1 | 1 | $1,250 | 914 |
Property Taxes
| Parcel Number | 013-092-06 | Improvements Assessment | $58,067 |
| Land Assessment | $83,125 | Total Assessment | $141,192 |
Property Taxes
