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1347 Terrace Drive

Reno, NV 89503
  • $800,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 220008187
Price Reduced
UPDATED: 74 min ago
$800,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,437
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:

School Information

Elementary School:
Middle School:
High School:

Description

Investment Opportunity!! Rare multiuse zoning allows for flexibility and numerous options for conversion. Leave it as a rental, or move a business into it! This house is in a fabulous location being 1 block away from UNR and San Rafael Park, as well as close to downtown. It's always rented, has ample storage space in the basement/laundry area, and an expansive yard for entertaining and gardening.

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Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Real estate listings held by brokerage firms other than 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: 2022-08-08T15:20:12.417.
www.renosparkshomesonline.com/homes/129630482
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1347 Terrace Drive Reno, NV 89503

  • Price: $800,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 74 min ago
  • MLS #: 220008187
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,437
SQFT
$328
$/SQFT
1928
Built
Neighborhood:
Reno-Old Northwest
County:
Washoe
Area:
Reno-Old Northwest
Elementary School:
Elmcast
Middle School:
Clayton
High School:
Reno
Property Description
Investment Opportunity!! Rare multiuse zoning allows for flexibility and numerous options for conversion. Leave it as a rental, or move a business into it! This house is in a fabulous location being 1 block away from UNR and San Rafael Park, as well as close to downtown. It's always rented, has ample storage space in the basement/laundry area, and an expansive yard for entertaining and gardening.
Exterior Features

Construction Masonry Exterior Brick Fenced Back Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 6 Parking Types None Roof Composition/Shingle Sprinklers None

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 650 2 Bedroom Baths 2 2 Bedroom Sq Ft 1000 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DishwasherDisposalDryerMicrowaveOven/RangeRefrigeratorVaries Per UnitWasher Flooring Ceramic TileVaries By UnitWood Heating Cooling Natural Gas Laundry Common 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 Drapes/Curtains Water Heater Natural Gas Windows Single PaneVaries By UnitVinyl FrameWood Frame

Property Features

1 Bedroom Avg Rent Per Unit 1300 1 Bedroom Units 1 2 Bedroom Avg Rent Per Unit 1795 2 Bedroom Units 1 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Private Annual Debt Service 0 Annual Expenses 3752.69 Annual Income And Expenses Actual Annual Vacancy 1 Apod Available Yes Common Features None Documents On File Rental/Leases Facility Features Landlord Pays UtilitiesMaster Meter-WaterSeparate Heating/CoolingSeparate Meters-ElectricSeparated Meters-GasTenant Pays Utilities Gross Scheduled Income 37140 Multifamily Type DuplexTriplex4-Plex Net Operating Income 32581.72 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasVaries By UnitWater Meter Installed Zoning Actual Mf14

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of All Star Realty.

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Professionals. Real estate listings held by brokerage firms other than 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: 2022-08-08T15:20:12.417.
 
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7900 Rancharrah Pkwy. Suite 210
Reno NV, 89511