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120 W Arroyo

Reno, NV 89509
  • $1,300,000
  • STATUS: Closed
  • ON SITE: 279 Days
  • MLS #: 220008950
Sold - 01/13/2023
$1,300,000
SOLD - 01/13/2023
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,214
    SQFT
  • $404
    $/SQFT
Neighborhood:
Reno-Old Southwest
Type:
Multi-Family
Built:
1928
County:
Washoe
Area:
Reno-Old Southwest

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Description

True Mid Town Location, 2 blocks off S Virginia. Single story Front House and 4 unit building behind built 1956.These units are all in top condition. Seller has invested thousands this past year on upgrading and remodeling so the new Owner doesn't have to.If a vacancy occurs rented in 1 day. Exteriors of both the house and the Apartments painted in addition to 4 new water heaters. The house was painted on the interior, baths updated, kitchen updated, front yard fencing. Please do not disturb tenants.

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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 The Coons Team | Re/Max Gold. Real estate listings held by brokerage firms other than The Coons Team | Re/Max Gold 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: 2023-03-25T14:19:41.467.
www.thecoonsteam.com/homes/130004984
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120 W Arroyo Reno, NV 89509

  • Price: $1,500,000
  • Status: Closed
  • On Site: 279 Days
  • Updated: 83 min ago
  • MLS #: 220008950
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,214
SQFT
$404
$/SQFT
1928
Built
Neighborhood:
Reno-Old Southwest
County:
Washoe
Area:
Reno-Old Southwest
Property Description
True Mid Town Location, 2 blocks off S Virginia. Single story Front House and 4 unit building behind built 1956.These units are all in top condition. Seller has invested thousands this past year on upgrading and remodeling so the new Owner doesn't have to.If a vacancy occurs rented in 1 day. Exteriors of both the house and the Apartments painted in addition to 4 new water heaters. The house was painted on the interior, baths updated, kitchen updated, front yard fencing. Please do not disturb tenants.
Exterior Features

Construction Wood Frame Exterior MasoniteWood Siding Fenced Front Foundation Basement/UnfinishedConcrete SlabConcrete/Crawl Space Landscaped Fully LandscapedYes Parking Capacity 8 Parking Types CommonDesignated ParkingGarageVaries Per Unit Roof Composition/ShinglePitched Sprinklers AutomaticDrip-FullFrontYes

Interior Features

1 Bedroom Baths 2 1 Bedroom Sq Ft 563 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 3 3 Bedroom Sq Ft 962 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DishwasherDryerOven/RangeRefrigeratorVaries Per UnitWasher Flooring LaminateSheet VinylVaries By Unit Heating Cooling BaseboardCentral Refrig A/CElectricNatural GasForced AirWall HeaterProgrammable ThermostatVaries By Unit Laundry KitchenVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 1 Story Studio Baths 2 Studio Sq Ft 563 Unit Features Blinds/ShadesSmoke Detector Water Heater Electric Windows Combo/VariesDouble PaneLow EMetal FrameSingle PaneVaries By UnitVinyl Frame

Property Features

1 Bedroom Avg Rent Per Unit 1250 1 Bedroom Units 2 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 2950 3 Bedroom Units 1 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 15000 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Common Features Alley AccessSecurity Lighting Documents On File Financial StatementsRental/Leases Facility Features Landlord Pays UtilitiesPet RestrictionsSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Feature Double Pane WindowsLow E WindowsProgrammable Thermostat Green Features None Gross Scheduled Income 88488 HUD No Multifamily Type Apartment Building (Up To 8 Unit Net Operating Income 73488 Owners May Sell CashConventionalExchange 1031Owner Carry 1st Smart Features Programmable Thermostat Special Condition Of Sale None Studio Avg Rent Per Unit 962 Studio Units 2 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual Mu-Res

Northern Nevada Regional MLS logo © 2023 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Keller Williams Group One Inc.: [IDXCONTACTINFORMATION].

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 The Coons Team | Re/Max Gold. Real estate listings held by brokerage firms other than The Coons Team | Re/Max Gold 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: 2023-03-25T14:19:41.467.
 
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The Coons Team | Re/Max Gold
10795 Double R Blvd
Reno NV, 89521