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905 Mauldin Ln - Mauldin Duplex 2 Unit Apartment Building Offered at $715,000 Reno, NV 89502
INVESTMENT HIGHLIGHTS
- Owner Occupy Option
- MF30 Zoning, Option to Build Additional Units
- Larger Units
- Fully Remodeled in 2021
EXECUTIVE SUMMARY
This investment property features two units: a 4-bedroom, 2-bathroom unit and a 3-bedroom, 1-bathroom unit. Both units were fully remodeled in 2021 including LVP flooring and tile flooring, fresh interior and exterior paint, white cabinets, quartz counters, stainless steel appliances, new windows, new doors, and beautifully tiled showers. Both units have washer and dryer hook ups, plenty of on-site parking as well as a 360 square foot detached outbuilding. There are many possibilities with this .33 acreage lot and MF30 zoning! This property is just steps away from the Miguel Ribera Park and Neil Road Rec Center, as well as quick access to the freeway, tons of restaurants and shopping. This vacant duplex offers the perfect opportunity to live in one unit and rent out the other, generating income to offset a mortgage.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+1 | 1 | - | 575 |
| 4+2 | 1 | - | 2,152 |
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905 Mauldin Ln - Mauldin Duplex
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