420-422 Claremont St

    Reno, NV 89502
    • $734,900
    • STATUS: Active Under Contract
    • ON SITE: 53 days
    • MLS #: 200004364
    Under Contract
    UPDATED: 36 min ago
    $734,900
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,393
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1932
    County:

    School Ratings & Info

    Description

    Walk to the VA hospital from this 10 unit apartment complex on .31 acres in midtown, consisting of 7 buildings including a 2 bedroom house with a basement. The tenants call it their compound and love living here. 5 one bedroom homes and 4 studios surrounding mature trees and open space. The properties also include 7 carports which could generate additional income. Rents are low reflecting the condition of the property. It needs cosmetic TLC as reflected by the asking price.

    Monthly Payment Calculator

    © 2020 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Fink Morales Hall Group. Real estate listings held by brokerage firms other than Fink Morales Hall Group 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: 2020-05-27T23:19:44.75.
    www.joshuafinkgroup.com/homes/104823599

    420-422 Claremont St Reno, NV 89502

    • Price: $734,900
    • Status: Active Under Contract
    • Updated: 36 min ago
    • MLS #: 200004364
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    4,393
    SQFT
    $167
    $/SQFT
    1932
    Built
    Neighborhood:
    Reno-Southeast
    County:
    Washoe
    Area:
    Reno-Southeast
    Property Description
    Walk to the VA hospital from this 10 unit apartment complex on .31 acres in midtown, consisting of 7 buildings including a 2 bedroom house with a basement. The tenants call it their compound and love living here. 5 one bedroom homes and 4 studios surrounding mature trees and open space. The properties also include 7 carports which could generate additional income. Rents are low reflecting the condition of the property. It needs cosmetic TLC as reflected by the asking price.
    Exterior Features

    Construction Wood Frame Exterior RockWood Siding Fenced None Foundation Concrete SlabConcrete/Crawl SpacePost &Amp; Pier Landscaped Partially Landscaped Parking Capacity 12 Parking Types CarportCommonDetachedVaries Per Unit Roof Composition/ShinglePitchedWood/Shake Sprinklers None

    Interior Features

    1 Bedroom Baths 1 1 Bedroom Sq Ft 425 2 Bedroom Baths 1 2 Bedroom Sq Ft 756 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances Oven/RangeRefrigeratorVaries Per Unit Flooring CarpetSheet VinylVaries By Unit Heating Cooling Air UnitNatural GasWall HeaterVaries By Unit Laundry Hook-UpVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 1 Studio Sq Ft 360 Unit Features None Water Heater Electric Windows Combo/VariesMetal FrameVaries By Unit

    Property Features

    1 Bedroom Avg Rent Per Unit 466 1 Bedroom Units 5 2 Bedroom Avg Rent Per Unit 650 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 PrivatePublic Annual Debt Service 12397 Annual Expenses 23344 Annual Income And Expenses Actual Annual Vacancy 1562 Apod Available No Common Features Alley AccessBbq/Picnic AreaSatellite Dish Documents On File None Facility Features Landlord Pays UtilitiesMaster Meter-WaterSeparate Heating/CoolingSeparate Meters-ElectricSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Features None Gross Scheduled Income 52080 HUD No Multifamily Type Apartment Complex Net Operating Income 27174 Owners May Sell CashConventionalExchange 1031Owner Carry 2nd Special Condition Of Sale None Studio Avg Rent Per Unit 340 Studio Units 4 Utilities CableCity/County WaterCity SewerElectricityNatural GasSepticTelephoneVaries By UnitInternet AvailableCellular Coverage Avail Zoning Actual Mf14

    © 2020 Northern Nevada Regional MLS. All rights reserved.
    Listing provided courtesy of Coldwell Banker Select Reno.

    © 2020 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Fink Morales Hall Group. Real estate listings held by brokerage firms other than Fink Morales Hall Group 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: 2020-05-27T23:19:44.75.
     
    Fink Morales Hall Group
    10795 Double R Boulevard
    Reno NV, 89521