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601 Grand Canyon Blvd
Reno, NV 89502
601 Grand Canyon Blvd. · Multifamily Property For Sale
·
2 Units
Investment Highlights
- Offered Free and Clear
- Tremendous Upside with Bringing Rents to Market and Implementing a RUBS Utility Bill-Back System
- Washers and Dryers in Each Unit
- Priced Below Replacement Costs and Below Market at $252,500 Per Unit
- Both Units Partially Renovated With Refinished Wood Flooring, New Appliances, Upgrades to the Bathrooms
- Immediately Adjacent to Newly Gentrifying Midtown Area
Property Facts
| No. Units | 2 | Building Size | 1,162 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1949/2023 |
| Building Class | C | Parking Ratio | 3.44/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | MF 14 - RENO - MULTI-FAMILY (14 Units per acre) | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 1,162 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1949/2023 |
| Parking Ratio | 3.44/1,000 SF |
| Zoning | MF 14 - RENO - MULTI-FAMILY (14 Units per acre) |
Amenities
- Smoke Detector
Unit Amenities
- Cable Ready
- Microwave
- Washer/Dryer
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Tub/Shower
- Carpet
- Porch
- Vinyl Flooring
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,125 | 581 |
Property Taxes
| Parcel Number | 013-421-37 | Improvements Assessment | $17,333 |
| Land Assessment | $55,195 | Total Assessment | $72,528 |
Property Taxes
Parcel Number
013-421-37
Land Assessment
$55,195
Improvements Assessment
$17,333
Total Assessment
$72,528
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