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590 Denslowe Dr.

Reno, NV 89512
  • $925,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 230012181
UPDATED: 46 min ago
$925,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,966
    SQFT
  • $312
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Ratings & Info

Description

Introducing 590 Denslowe Drive: A Great 4-Plex, Where Modern Comfort Meets Investment Opportunity. Nestled in the heart of the vibrant city of Reno, Nevada, this property presents a remarkable investment opportunity. This newly renovated 4-plex is a haven of modern comfort and convenience, offering not only a place to call home but also a sound financial investment, with renters already in place in 3 of its four individual units. The 4th unit, shown in the pictures, was completely remodeled, and could rent for $1500-$1600. The other 3 units were updated and currently rent for $1300. The Units: Inside, each of the four 2-bedroom, 1-bathroom units have been thoughtfully updated and upgraded to meet the demands of today's tenants. The kitchens in each unit have new or newer appliances, and ample cabinet space. Bedrooms offer comfortable living spaces and closets for storage. The bathrooms have also been updated or remodeled to provide modern amenities that cater to today's tenants' preferences. Each unit has a private patio or balcony and inside each unit is equipped with newer mini-split HVAC systems for added comfort. Outdoor Living: The property includes a well-maintained outdoor space, where tenants can unwind, or simply enjoy the beautiful Reno weather. Investment Potential: As a 4-plex with established renters in place, this property offers immediate income-generating potential. You'll benefit from the stability of having tenants already in residence, providing you with peace of mind and a steady income stream from day one. Plus, Reno's strong rental market and growing economy make this an even more attractive opportunity for investors. Location: It is located in a prime neighborhood just east of the University, close to schools, shopping, dining, and all the amenities that make Reno a thriving city. It's a short drive to downtown Reno and the University of Nevada, Reno, making it convenient for tenants and enhancing its rental appeal. Don't miss your chance to own this gem – it's an investment that's both beautiful and financially savvy.

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Northern Nevada Regional MLS logo © 2023 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: 2023-12-07T07:20:16.8.
www.realpronv.com/homes/144480224
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590 Denslowe Dr. Reno, NV 89512

  • Price: $925,000
  • Status: Active
  • On Site: 49 Days
  • Updated: 46 min ago
  • MLS #: 230012181
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2,966
SQFT
$312
$/SQFT
1952
Built
Neighborhood:
Reno-North
County:
Washoe
Area:
Reno-North
Property Description
Introducing 590 Denslowe Drive: A Great 4-Plex, Where Modern Comfort Meets Investment Opportunity. Nestled in the heart of the vibrant city of Reno, Nevada, this property presents a remarkable investment opportunity. This newly renovated 4-plex is a haven of modern comfort and convenience, offering not only a place to call home but also a sound financial investment, with renters already in place in 3 of its four individual units. The 4th unit, shown in the pictures, was completely remodeled, and could rent for $1500-$1600. The other 3 units were updated and currently rent for $1300. The Units: Inside, each of the four 2-bedroom, 1-bathroom units have been thoughtfully updated and upgraded to meet the demands of today's tenants. The kitchens in each unit have new or newer appliances, and ample cabinet space. Bedrooms offer comfortable living spaces and closets for storage. The bathrooms have also been updated or remodeled to provide modern amenities that cater to today's tenants' preferences. Each unit has a private patio or balcony and inside each unit is equipped with newer mini-split HVAC systems for added comfort. Outdoor Living: The property includes a well-maintained outdoor space, where tenants can unwind, or simply enjoy the beautiful Reno weather. Investment Potential: As a 4-plex with established renters in place, this property offers immediate income-generating potential. You'll benefit from the stability of having tenants already in residence, providing you with peace of mind and a steady income stream from day one. Plus, Reno's strong rental market and growing economy make this an even more attractive opportunity for investors. Location: It is located in a prime neighborhood just east of the University, close to schools, shopping, dining, and all the amenities that make Reno a thriving city. It's a short drive to downtown Reno and the University of Nevada, Reno, making it convenient for tenants and enhancing its rental appeal. Don't miss your chance to own this gem – it's an investment that's both beautiful and financially savvy.
Exterior Features

Construction Wood Frame Exterior Wood SidingVinyl Siding Fenced Back Foundation Concrete Slab Landscaped None Parking Capacity 7 Parking Types Designated ParkingVaries Per Unit Roof AsphaltFlat Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 4 2 Bedroom Sq Ft 750 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposalDishwasherMicrowaveVaries Per Unit Flooring Ceramic TileCarpetSheet VinylVinyl TileVaries by Unit Heating Cooling Air UnitElectricNatural GasForced AirWall HeaterVaries by Unit Laundry None Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features BalconyBlinds/ShadesDrapes/CurtainsPatio/DeckSmoke DetectorVaries Per Unit Water Heater Natural Gas Windows Double PaneCombo/VariesSingle PaneVaries by Unit

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1350 2 Bedroom Units 4 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 5000 Annual Income And Expenses Pro Forma Annual Vacancy 0 Apod Available No Ccr Restrictions No Common Features BBQ/Picnic Area Documents On File None Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-WaterPet RestrictionsSeparate Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 64800 Multifamily Type DuplexTriplex4-Plex Net Operating Income 59800 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneVaries by UnitWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual MF30

Northern Nevada Regional MLS logo © 2023 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Chase International-Sparks: .

Northern Nevada Regional MLS logo © 2023 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: 2023-12-07T07:20:16.8.
 
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Realty One Group Eminence
5325 Reno Corporate Blvd
Reno NV, 89511