Prime Investment Opportunity in the Heart of Reno! Location, location, location, Lake Grove Condos is a highly sought-after community known for its central location, on-site laundry, and pool. Just minutes from Virginia Lake, shopping, dining, parks, and entertainment, this property is ideal for both renters and owners looking for a vibrant and convenient lifestyle. The back patio overlooks the pool and courtyard, providing a great place to relax and enjoy the epic Nevada sunsets. This home is a studio with an updated shower. Whether youre a first-time homebuyer, looking for a perfect downsizing option, or seeking a savvy investment property, this is a fantastic opportunity. Investor-friendly with a reliable tenant already in place, providing steady rental income from day one. Dont miss this exceptional opportunity in one of Renos most sought-after areas!
Property Features
Bedrooms
Interior Features
- Blinds - Shades
- Flooring: Carpet, Sheet Vinyl
- Window Features: Double Pane, Metal Frame
Appliances
- Electric Range - Oven
- Refrigerator in Kitchen
- Laundry Facilities: Common
Kitchen and Dining
- Garbage Disposal
- Breakfast Bar
- Cook Top - Electric
- Single Oven Built-in
Bathrooms
Heating and Cooling
- Water Heaters: Natural Gas
- Natural Gas
- Wall Heater
- Air Unit
Exterior and Lot Features
- In Ground Pool
- Fencing: Full
- Patio And Porch Features: Yes, Covered, Patio
Land Info
- Fully Landscaped
- Landscaping: Full Sprinklers, Automatic
- Lot Description: Adjoins: Street
- Lot Size Acres: 0.001
- Topography: Level
- Lot Size Square Feet: 44
Home Features
- View: Yes, Trees
- Green Energy Efficient: Double Pane Windows
Homeowners Association
- Association: Yes
- Association Amenities: Addl Parking, Common Area Maint, Exterior Maint, Gates/Fences, Insured Structure, Landsc Maint Full, Pool, Snow Removal, Partial Utilities
- Association Fee: 180
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 180
School Information
- Elementary School: Beck
- High School: Reno
- Middle School: Swope
Amenities and Community Features
Other Property Info
- Annual Tax Amount: 396.59
- Source Listing Status: ACTIVE
- County: Washoe
- Directions: S. Virginia St. / Lymbery / Cadillac
- Source Property Type: Residential
- Property Subtype: condo
- Parcel Number: 01947214
- Zoning: Mu
- Property Subtype: Condo/Townhouse
- Source System Name: C2C
Accessibility Features
- Access: Private w Maint Agreement
Building and Construction
- Total Square Feet Living: 422
- Year Built: 1978
- Building Exterior Type: Stucco
- Foundation Details: Concrete Slab
- Property Age: 47
- Roof: Flat
- Levels or Stories: 1
- Structure Type: Condo
Utilities
- Electricity
- Natural Gas
- City - County Water
- City Sewer
- Telephone
- Internet Available
- Cellular Coverage Avail
