Investment Opportunity: 5-Unit Apartment Building Property Overview: Welcome to this exceptional investment opportunity! This well-maintained 5-unit apartment building features a total of 6 bedrooms and 6 bathrooms, offering a versatile rental option in a prime location. With a mix of one-bedroom and two-bedroom units, this property promises both immediate rental income and long-term potential. Total Units: 5 1 Bedroom Units: 4 (each with 1 bath) 2 Bedroom Unit: 1 (with 2 baths) Gross Square Footage: 4, 998 Laundry: Coin-operated units in a shared laundry area, plus dedicated storage for each tenant. Recent Renovations: The 2-bedroom unit was recently renovated, offering modern amenities and fresh updates. Key Features: Consistent Layouts: The one-bedroom units are almost identical, providing ease of management and predictability in rental income. The spacious two-bedroom unit is located in the finished basement, excluding the shared laundry area. Investment Potential: A great opportunity for investors looking for a stable rental income stream with the added benefit of recent renovations. Tenant Amenities: Dedicated storage and laundry facilities enhance tenant satisfaction and retention. Contact: For more information or to schedule a private showing of the vacant unit, please call the listing agent. Dont miss out on this opportunity to invest in a promising property with strong rental potential!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- Refrigerator
- Laundry Facilities: Common
Heating and Cooling
- Water Heaters: Natural Gas
- Natural Gas
- Forced Air
Interior Features
- Flooring: Vinyl Tile, Wood, Varies by Unit
- Window Features: Double Pane, Combo/Varies, Single Pane
Land Info
- Yes
- Landscaping: Drip-Full
- Lot Size Acres: 0.07
- Lot Size Square Feet: 3049
Exterior and Lot Features
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 5
- Unit Features: Blinds/Shades, Smoke Detector, Vaulted Cathedral Ceiling, Varies Per Unit
- Number of 1 Bedroom Units: 4
- Number of 2 Bedroom Units: 1
- Total Bathrooms in the 1 Bedroom Units: 1
- Total Bathrooms in the 2 Bedroom Units: 2
- Total Actual Rent of 1-Bedroom Units: 1350
- Total Actual Rent of 2-Bedroom Units: 1700
Rental Info
- Gross Scheduled Income: 85200
Other Property Info
- Separated Meters-Gas
- Separate Meters-Electric
- Separate Meters-Water
- Separate Water Heaters
- Source Listing Status: ACTIVE
- County: Washoe
- Directions: Keyston
- Source Property Type: Multi-Family
- Parcel Number: 01004634
- Zoning: GC
- Property Subtype: Multi-Family
- Source System Name: C2C
Commercial Info
- Net Operating Income: 68549
- Operating Expense: 16651
Accessibility Features
Building and Construction
- Total Square Feet Living: 4998
- Year Built: 1932
- Building Exterior Type: Brick
- Construction Materials: Rock
- Foundation Details: Concrete Slab
- Property Age: 92
- Roof: Composition/Shingle, Pitched
- Levels or Stories: 3
- Structure Type: Apartment Building (up to 8 Unit
Utilities
- City/County Water
- City Sewer
- Electricity
- Natural Gas
Home Features
- Green Energy Efficient: Double Pane Windows