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3596 GYPSUM RD
Reno, NV 89503

$1,225,000 
  • -- Beds
  • -- Baths
  • 5,408 sqft
  • Residential Income | Apartment Building (up to 8 Unit
  • Active
3596 GYPSUM RD, Reno - 41386940
3596 GYPSUM RD, Reno - 41386941
3596 GYPSUM RD, Reno - 41386942
3596 GYPSUM RD, Reno - 41386943
3596 GYPSUM RD, Reno - 41386944
3596 GYPSUM RD, Reno - 41386945
3596 GYPSUM RD, Reno - 41386946
3596 GYPSUM RD, Reno - 41386947
3596 GYPSUM RD, Reno - 41386948
3596 GYPSUM RD, Reno - 41386949
3596 GYPSUM RD, Reno - 41386950
3596 GYPSUM RD, Reno - 41386951
3596 GYPSUM RD, Reno - 41386952
3596 GYPSUM RD, Reno - 41386953
3596 GYPSUM RD, Reno - 41386954
3596 GYPSUM RD, Reno - 41386955

Property Description for 3596 GYPSUM RD, Reno NV 89503

This turnkey updated garden apartment complex consists of 2 buildings for a total of 8 units. 6 of the 8 units have been updated since 2017. The updates included 3 new furnaces, 2 AC compressors, new flooring (vinyl plank and carpet), upgraded bathrooms, upgraded appliances, community laundry rooms, and a newly sealed parking lot. Located just minutes from UNR and close to the US Hwy 395. Listing price is 7.3% cap on proforma rent and a 6.4% cap on current rents/expenses. PLEASE DO NOT DISTURB TENANTS.

  • Property Class: Multi-Family
  • Listing Status: Active
  • City: Reno
  • State: NV
  • Zip: 89503
  • Area: 120 -Reno-Old Northwest
  • County: Washoe
  • Class: Residential Income
  • Property Subtype: Apartment Building (up to 8 Unit
  • Approx Lot Size: 0.230
  • Stories: 2
  • Baths (F/H): -- / --
  • Living Area (SqFt): 5,408 sqft
  • Lot Sq Ft Apx: 10018
  • Year Built: 1979
  • Listing#: 180001730
  • List Date: 2/10/2018
  • Last updated on: 5/22/2018

Property Features for 3596 GYPSUM RD, Reno NV 89503

  • ACCESS TYPE: Public
  • FACILITY FEATURES: Separated Meters-Gas, Separate Meters-Electric, Separate Meters-Water, Separate Water Heaters, Separate Heating/Cooling, Landlord Pays Utilities, Tenant Pays Utilities
  • FLOORING: Carpet, Vinyl Tile
  • LANDSCAPED: Partially Landscaped
  • PARKING TYPES: Common
  • UTILITIES: City/County Water, City Sewer, Electricity, Natural Gas
  • WINDOWS: Double Pane, Metal Frame
  • APPLIANCES: Refrigerator, Oven/Range
  • EXTERIOR: Stucco
  • FOUNDATION: Concrete Slab
  • HEATING/COOLING: Central Refrig A/C, Natural Gas, Forced Air
  • ROOF: Flat
  • UNIT FEATURES: Blinds/Shades, Smoke Detector
  • COMMON FEATURES: Bbq/Picnic Area
  • FENCED: Partial
  • GREEN FEATURES: None
  • LAUNDRY: Common
  • SPRINKLERS: None
  • WATER HEATER: Natural Gas

Additional Information for 3596 GYPSUM RD, Reno NV 89503

  • Annual Income/Expenses: Pro Forma
  • Annual Vacancy: 2112.00
  • APOD Available: Yes
  • Construction: Wood Frame
  • Down Payment Assistance: No
  • Num of Buildings: 2
  • Num of Units: 8
  • Price Per SQFT: $227
  • Special Condition of Sale: None
  • 2 Bedroom - Avg Rent/Unit: 1100
  • 2 Bedroom - Num of Baths: 8
  • 2 Bedroom - Num of Units: 8
  • 2 Bedroom - SqFt/Unit: 675
  • Stories: 2 Story
Courtesy of Annette Kurtz, RE/MAX Professionals-Reno
Copyright 2018, Northern Nevada Regional MLS. All Rights Reserved.
Information deemed reliable, but not guaranteed. Based on information from the Northern Nevada Regional MLS.