453 Poplar St., Reno Property Listing: MLS® #180018399

UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

453 Poplar St., Reno Property Listing: MLS® #180018399 Close
Page Summary
  • Price$699,000
  • Sq. Ft.2,280
  • Acres0.25
  • Built1948
  • Listing StatusActive

453 Poplar St., Reno

UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

Property information

  • MLS® #180018399
  • Price$699,000
  • StatusActive
  • Sales TypeNone
  • Annual Taxes$0
  • Stories3 Story
  • Square Footage2,280
  • Acres0.25
  • Year Built1948
  • Parking Spaces6
  • ParkingCommon
  • TypeMulti-family
  • Sub-TypeDuplex, Triplex, 4-plex
  • ZoningMUUN

Amenities

  • AmenitiesNone
  • UtilitiesVaries per Unit
  • FeaturesFurnished, Smoke Detector, Varies Per Unit

Exterior

  • WindowsVaries by Unit
  • RoofAsphalt
  • ConstructionWood Frame
  • FoundationConcrete Slab
  • ExteriorWood Siding, Asbestos
  • FencedPartial
  • SprinklersYes
  • LandscapedFully Landscaped

Community Information

  • Address453 Poplar St.
  • AreaReno-North
  • CityReno
  • CountyWashoe
  • StateNV
  • Zip Code89512

Interior

  • Floor CoveringVaries by Unit
  • Water HeaterNatural Gas
  • Heating/CoolingVaries by Unit
  • AppliancesRefrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer

Listing Details

  • Date ListedDecember 27th, 2018
  • Days on Website292
  • Financing OptionExchange 1031, Conventional, Cash
  • Listing OfficeDl Realty
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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. Real estate listings held by brokerage firms other than Keller Williams Realty 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 broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on October 15th, 2019 at 5:57pm PDT.