A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike.
MLS# | 250001087 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | ACTIVE |
Year | 1950 |
Days On Site | 11 |
Listing Provided By | Marmot Properties, LLC | Christopher Moton |
Story(s) | 2 |
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Units | 4 |
Building(s) | 2 |
Acreage | 0.51 |
State | NV |
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County | Washoe |
City | Reno |
Zip Code | 89509 |
Area | Washoe |
Community Name | NV |
School District | Reno |
Elementary School | Anderson |
Middle School | Swope |
High School | Reno |
Listing VS Median (in NV) | |
Price: $1,050,000 low | high Med: $515,000 On Site: 11 low | high Med: 75 |