Reno Investment Opportunity: Immediate Cash Flow & Strong Tenant! Seasoned investor or just starting out!! Secure immediate cash flow with this 2-bedroom, 1-bathroom townhome, featuring a reliable tenant in place until November 2025. Benefit from Reno's strong rental market (6.61% vacancy) in a desirable location near industry and transportation. This property includes a newer composition roof (2017), an attractive exterior with rock accents and a private patio. Read extended remarks for more! Inside, you'll find laminate flooring in the common areas, bathroom and carpeted bedrooms, a functional kitchen, spacious living areas with vaulted ceilings, and central A/C, ensuring tenant satisfaction. Enjoy the added appeal of a happy, long-term renter and beautiful mountain views, making this an ideal, hassle-free investment opportunity for both new and experienced investors. 24 hour notice to show, no exceptions. 6.6% is the average for 89506, quoted from Best Neighborhood.
Property Features
Bedrooms
Interior Features
- Blinds - Shades
- Smoke Detector(s)
- Flooring: Carpet, Laminate
- Window Features: Double Pane, Vinyl Frame
Appliances
- Laundry Facilities: Kitchen
Kitchen and Dining
- Garbage Disposal
- Breakfast Nook
- Cook Top - Electric
- Single Oven Built-in
Bathrooms
Heating and Cooling
- Water Heaters: Electric
- Natural Gas
- Forced Air
- Central Refrig AC
Other Rooms
- Family Room Description: Separate, High Ceiling
Exterior and Lot Features
- None - N/A
- Fencing: Full
- Patio And Porch Features: Yes, Uncovered, Breezeway-Open
Land Info
- Partially Landscaped
- Landscaping: Front
- Lot Description: Adjoins: Street
- Lot Size Acres: 0.05
- Topography: Level
- Lot Size Square Feet: 2178
Garage and Parking
- Garage Spaces: 1
- Garage Description: Detached
Home Features
- View: Yes, Mountain
- Green Energy Efficient: Double Pane Windows
Homeowners Association
- Association: Yes
- Association Amenities: Common Area Maint
- Association Fee: 150
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 150
School Information
- Elementary School: Desert Heights
- High School: North Valleys
- Middle School: OBrien
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 570.96
- Source Listing Status: ACTIVE
- County: Washoe
- Directions: 395 N. Stead Blvd, R. Rocky Mtn, R. Green Mtn
- Source Property Type: Residential
- Property Subtype: townhouse
- Parcel Number: 08647260
- Zoning: MF30
- Property Subtype: Condo/Townhouse
- Source System Name: C2C
Accessibility Features
Building and Construction
- Total Square Feet Living: 988
- Year Built: 1950
- Building Exterior Type: Vinyl Siding, Brick
- Foundation Details: Concrete Slab
- Property Age: 75
- Roof: Pitched, Composition - Shingle
- Levels or Stories: 1
- Structure Type: Townhouse
Utilities
- Electricity
- Natural Gas
- City - County Water
- City Sewer
- Cable
- Telephone
- Internet Available
- Cellular Coverage Avail