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1355 CARLIN ST
Reno, NV 89503

$1,330,000 
  • -- Beds
  • -- Baths
  • 6,220 sqft
  • Residential Income | Apartment Building (up to 8 Unit
  • Active
1355 CARLIN ST, Reno - 48296107
1355 CARLIN ST, Reno - 48296108
1355 CARLIN ST, Reno - 48296109
1355 CARLIN ST, Reno - 48296110
1355 CARLIN ST, Reno - 48296111
1355 CARLIN ST, Reno - 48296112
1355 CARLIN ST, Reno - 48296113
1355 CARLIN ST, Reno - 48296114
1355 CARLIN ST, Reno - 48296115
1355 CARLIN ST, Reno - 48296116
1355 CARLIN ST, Reno - 48296117
1355 CARLIN ST, Reno - 48296118
1355 CARLIN ST, Reno - 48296119
1355 CARLIN ST, Reno - 48296120
1355 CARLIN ST, Reno - 48296121
1355 CARLIN ST, Reno - 48296122
1355 CARLIN ST, Reno - 48296123
1355 CARLIN ST, Reno - 48296124
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1355 CARLIN ST, Reno - 48296126
1355 CARLIN ST, Reno - 48296127
1355 CARLIN ST, Reno - 48296128
1355 CARLIN ST, Reno - 48296129
1355 CARLIN ST, Reno - 48296130

Property Description for 1355 CARLIN ST, Reno NV 89503

1355 Carlin St is a stable operation with increased rents and substantial renovations throughout. The current market rents show there is the potential to increase rents by up to $150 per unit with a pro forma CAP rate of 7.16%. The substantial renovations include updating 6 or the 8 units, new broiler, new water heater, new flooring, upgraded bathrooms, upgraded appliances, community laundry rooms, and a newly paved parking lot. Located just west of University of Nevada Reno and close to downtown & shops.

  • 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: 0.180
  • Stories: 2
  • Baths (F/H): -- / --
  • Living Area (SqFt): 6,220 sqft
  • Lot Sq Ft Apx: 7840
  • Year Built: 1963
  • Listing#: 180011230
  • List Date: 8/1/2018
  • Last updated on: 8/15/2018

Property Features for 1355 CARLIN ST, Reno NV 89503

  • ACCESS TYPE: Public
  • FACILITY FEATURES: Separated Meters-Gas, Separate Meters-Electric, Master Meter-Water, Central Water Heaters, Separate Heating/Cooling, Master Heating/Cooling, Landlord Pays Utilities, Tenant Pays Utilities
  • FLOORING: Carpet, Sheet Vinyl, Vinyl Tile
  • LANDSCAPED: Partially Landscaped
  • PARKING TYPES: Common
  • UTILITIES: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed
  • WINDOWS: Double Pane, Metal Frame, Vinyl Frame
  • APPLIANCES: Refrigerator, Oven/Range, Dishwasher
  • EXTERIOR: Masonry Veneer, Fiber Cement Siding
  • FOUNDATION: Basement/Finished, Concrete/Crawl Space
  • HEATING/COOLING: Air Unit, Baseboard, Electric, Natural Gas
  • ROOF: Flat, Membrane
  • UNIT FEATURES: Blinds/Shades, Patio/Deck, Smoke Detector
  • COMMON FEATURES: None
  • FENCED: Partial
  • LAUNDRY: Common
  • SPRINKLERS: None
  • WATER HEATER: Natural Gas

Additional Information for 1355 CARLIN ST, Reno NV 89503

  • Annual Income/Expenses: Pro Forma
  • Annual Vacancy: 2352.00
  • APOD Available: Yes
  • Construction: Wood Frame
  • Down Payment Assistance: No
  • Num of Buildings: 1
  • Num of Units: 8
  • Price Per SQFT: $214
  • Special Condition of Sale: None
  • 2 Bedroom - Avg Rent/Unit: 1225
  • 2 Bedroom - Num of Baths: 1
  • 2 Bedroom - Num of Units: 8
  • 2 Bedroom - SqFt/Unit: 777
  • Stories: 2 Story
Courtesy of Corey Carter, 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.