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4300 Reno Hwy

Fallon, NV 89406
  • $1,075,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 220012886
UPDATED: 61 min ago
$1,075,000
  • 0
    BEDS
  • 2.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,700
    SQFT
  • $189
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1980
County:

School Ratings & Info

Description

Remodeled income property with great cashflow and very low expenses. This property consists on 2 triplexes and 1500 sq ft workshop. Each triplex has 3 two bed one bath 900 sq ft single level units. 3 of the units have been remodeled with LVP flooring, upgrade wall furnaces and interior paint. These spacious units are highly sought after. The metal workshop is fully detached with a half bath, propane heat, roll-up garage doors and a concrete floor. This property has a private well and septic. 6.6% CAP rate.

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Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Eminence. Real estate listings held by brokerage firms other than Realty One Group Eminence 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: 2022-09-28T08:19:43.863.
www.realpronv.com/homes/132520761
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4300 Reno Hwy Fallon, NV 89406

  • Price: $1,075,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 61 min ago
  • MLS #: 220012886
0
Beds
0
Baths
0
½ Baths
2.53
Acres
5,700
SQFT
$189
$/SQFT
1980
Built
Neighborhood:
Fallon Outer-Nw
County:
Churchill
Area:
Fallon Outer-Nw
Property Description
Remodeled income property with great cashflow and very low expenses. This property consists on 2 triplexes and 1500 sq ft workshop. Each triplex has 3 two bed one bath 900 sq ft single level units. 3 of the units have been remodeled with LVP flooring, upgrade wall furnaces and interior paint. These spacious units are highly sought after. The metal workshop is fully detached with a half bath, propane heat, roll-up garage doors and a concrete floor. This property has a private well and septic. 6.6% CAP rate.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced FrontPartial Foundation Concrete/Crawl Space Landscaped Partially Landscaped Parking Capacity 14 Parking Types CarportCommonDetached Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 900 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 1 4 Bedroom Sq Ft 1500 Appliances Oven/RangeRefrigerator Flooring CarpetSheet VinylVaries By UnitVinyl Tile Heating Cooling Evap CoolingNatural GasPropaneWall Heater Laundry Common Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 0 Studio Sq Ft 0 Unit Features Blinds/ShadesPatio/DeckSmoke Detector Water Heater Natural GasPropaneVaries By Unit Windows Double PaneMetal Frame

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1150 2 Bedroom Units 6 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 1300 4 Bedroom Units 1 Access Public Annual Debt Service 0 Annual Expenses 22061 Annual Income And Expenses Pro Forma Annual Vacancy 3955 Apod Available Yes Common Features None Documents On File Rental/Leases Facility Features Landlord Pays UtilitiesSeparate Meters-ElectricSeparated Meters-GasTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 98880 HUD No Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 72864 Owners May Sell CashConventionalExchange 1031 Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities ElectricityNatural GasPropaneSepticWell-PrivateCellular Coverage Avail Zoning Actual C1;Tr Res/Com 1 Acre

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Re/Max Professionals-Reno: 775-345-3070.

Northern Nevada Regional MLS logo © 2022 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty One Group Eminence. Real estate listings held by brokerage firms other than Realty One Group Eminence 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: 2022-09-28T08:19:43.863.
 
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Realty One Group Eminence
5325 Reno Corporate Blvd
Reno NV, 89511