Skip To Content

    75 Locust Street

    Reno, NV 89502
    • $1,300,000
    • STATUS: Active
    • ON SITE: 60 days
    • MLS #: 210011044
    UPDATED: 40 min ago
    $1,300,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,342
      SQFT
    • $299
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    A fantastic location for this investment property: located close to downtown Reno, near a main thoroughfare, and near the main campus of Renown Medical Center. The property features off-street parking and is also within walking distance of a Citifare bus stop. Numerous units have been remodeled and look incredible. This work was done during 2020 and 2021. Windows were also replaced in 2021. The large basement is an open space with laundry room and a storage room, with potential to add revenue.

    Monthly Payment Calculator

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Professionals. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-27T11:19:44.387.
    www.renohousingmarket.com/homes/119807700
    Print Image

    75 Locust Street Reno, NV 89502

    • Price: $1,300,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 210011044
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,342
    SQFT
    $299
    $/SQFT
    1970
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Elementary School:
    Veterans
    Middle School:
    Vaughn
    High School:
    Wooster
    Property Description
    A fantastic location for this investment property: located close to downtown Reno, near a main thoroughfare, and near the main campus of Renown Medical Center. The property features off-street parking and is also within walking distance of a Citifare bus stop. Numerous units have been remodeled and look incredible. This work was done during 2020 and 2021. Windows were also replaced in 2021. The large basement is an open space with laundry room and a storage room, with potential to add revenue.
    Exterior Features

    Construction Masonry Exterior Brick Fenced Partial Foundation Basement/FinishedBasement/Unfinished Landscaped Partially Landscaped Parking Capacity 6 Parking Types Common Roof FlatMembrane Sprinklers AutomaticFrontYes

    Interior Features

    1 Bedroom Baths 6 1 Bedroom Sq Ft 589 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DisposalOven/RangeRefrigeratorVaries Per Unit Flooring CarpetLaminateVaries By Unit Heating Cooling Air UnitCentral Refrig A/CElectricVaries By Unit Laundry CommonSeparate Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesSmoke Detector Water Heater Electric Windows Double PaneVaries By Unit

    Property Features

    1 Bedroom Avg Rent Per Unit 950 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 19454 Annual Income And Expenses Pro Forma Annual Vacancy 2016 Apod Available Yes Common Features Alley Access Documents On File Rental/Leases Facility Features Landlord Pays UtilitiesMaster Meter-WaterSeparate Heating/CoolingSeparate Meters-ElectricSeparate Water HeatersTenant Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 67800 Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 46330 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual Mu

    © 2021 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Real Property Mgmt. Corazon.

    © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or The Mike Wood Team with RE/MAX Professionals. Real estate listings held by brokerage firms other than The Mike Wood Team with RE/MAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2021-09-27T11:19:44.387.
     
    https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_3_210011044-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_3_210011044-2.jpg https://bt-photos.global.ssl.fastly.net/reno/1280_boomver_3_210011044-2.jpg
    Logo
    The Mike Wood Team with RE/MAX Professionals
    5905 S Virginia Street
    Reno NV, 89502