1036 Bell Street, Reno
Great community feel nestled close to the University area. This rare 7 unit brick exterior consists of 6 one bedrooms, and 1 two bedroom units all rented below market rates. With its desirable location, the units have rented very quickly to have low vacancy losses. Great property for the first or second time investor. Listing price reflects a 5.6cap rate. Seller willing to finance the right buyer.
- MLS® #200003476
- Sales TypeNone
- Annual Taxes$0
- Stories2 Story
- Square Footage5,160
- Year Built1973
- Parking Spaces9
- Sub-TypeApartment Building (up To 8 Units)
- UtilitiesCity/County Water, City Sewer, Electricity, Natural Gas
- FeaturesVaries Per Unit
- WindowsSingle Pane, Varies by Unit
- ConstructionWood Frame
- FoundationConcrete/Crawl Space
- Address1036 Bell Street
- AreaReno-Old Northwest
- Zip Code89503
- Floor CoveringVaries by Unit
- Water HeaterNatural Gas, Varies by Unit
- Heating/CoolingForced Air
- AppliancesVaries Per Unit
- Date ListedMarch 15th, 2020
- Days on Website114
- Financing OptionExchange 1031, Conventional, Cash
- Listing OfficeMarmot Properties, Llc
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 July 7th, 2020 at 3:57pm PDT.