590 DENSLOWE DR RENO, NV 89512

Features

• Price/sqft: $311
• Lot Size: 0.14 acres
• Total Units: 4
• Stories: 2
• Roof Type: Built-up
• Heating: Forced Air Heating
• Construction Type: Wood
• Exterior Walls: Wood Siding

Facts

• Year Built: 01/01/1952
• Property ID: 950646861
• MLS Number: 230012181
• Parcel Number: 008-013-04
• Property Type: Multi-family (5 or more units)
• County: Washoe
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 all four units at $1300 per plus utilities. Each of the 2-bedroom, 1-bathroom units have been updated and upgraded to meet the demands of today's tenants. The kitchens have new or newer appliances. Bedrooms offer comfortable spaces and closets for storage. The bathrooms have also been updated / remodeled as well. Each has a private patio / balcony. Newer mini-split HVAC systems for added comfort. The property includes an outdoor space, where tenants can unwind, or simply enjoy the beautiful Reno weather. 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 witha steady income stream from day one. Plus, Reno's strong rental market and growing economy make this even more attractive. It is located in a 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.