Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances. The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.75 percent. Please drive by the property before requesting a showing.
Listed By
Agency Name: Dickson Realty - Downtown
Agency Phone: 775-324-7000
Agent Name: Jacqueline Lescott
Agent Phone: 775-360-0060
Presented By
Agency Title: Chase International Real Estate
Agency Phone: 775.588.6130
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650 Denslowe Drive, Reno, NV 89512.
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