Rare LEGAL 5-bedroom home steps from UNR w/strong rental history & tenant through July 2026. A full gut $45K basement remodel completed 1/2025, legally adding 2 bedrooms, bonus kitchenette, & living area. Taxes only $965! Large lot & backyard offer ADU potential for even greater revenue potential (w/permit). Great income property w/immediate cash flow. The seller is only selling to do a 1031 exchange. Own w/confidence, knowing basement is safe w/legal egress for tenants! Investor rate of 6.375% available!
MLS# | 250004874 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Price Reduced |
Year | 1948 |
Days On Site | 8 |
Listing Provided By | eXp Realty, LLC | Jordan Ames |
Bed(s) | 5 |
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Bath(s) | 2 Total |
SQ Feet | 1,960 |
Story(s) | 1 |
Acreage | 0.24 |
State | NV |
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County | Washoe |
City | Reno |
Zip Code | 89512 |
Area | Washoe |
Community Name | NV |
School District | Hug |
Elementary School | Lemelson Stem Academy |
Middle School | Traner |
High School | Hug |
Listing VS Median (In NV) | |
Price: $590,000 low | high Med: $525,000 SqFt: 1,960 low | high Med: 1,401 $ / SqFt: $301 low | high Med: $376 On site: 8 low | high Med: 19.500000 |