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3001 W 4th St
Reno, NV 89523
Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.28 AC
Building Size 6,026 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1956/2018
Parking Ratio 9.96/1,000 SF
Zoning MUW4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Views
  • Grill
  • Double Pane Windows
  • Window Coverings

ABOUT 3001 W 4TH ST , RENO, NV 89523

Outstanding 12 unit property on .50 acre lot. Secluded setting with expansive mountain and valley views, yet close to town. Fully occupied. APOD in attached documents in this listing. Ten 1 bedroom units, two 2 bedroom units. Adjacent .77 acre parcel APN 006-250-46 available for $130,000. New, high efficiency oil furnace heats ten units. Two units on propane heat. Property is on a private well and city sewer. Incredible 8% cap rate. The two 2 bedroom units have washer/dryer in the units. Onsite coin-op laundry facilities for the ten 1 bedroom units. Private access. Please do not drive onto property without contacting listing agent. No showings without an accepted offer. Seller will carry on adjacent parcel only, price $130,000, 30K down, 5% interest, fully amortized.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 10 $850.00 450
2+1 1 $1,450 800
2+2 1 $1,550 800

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 006-250-13
  • 006-250-46
Land Assessment
$256,629
Improvements Assessment
$87,713
Total Assessment
$344,342
  • Listing ID: 12582019

  • Date on Market: 5/16/2018

  • Last Updated:

  • Address: 3001 W 4th St, Reno, NV 89523

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