1036 Bell Street, Reno Property Listing: MLS® #200003476

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.

1036 Bell Street, Reno Property Listing: MLS® #200003476 Close
Page Summary
  • Price$1,050,000
  • Sq. Ft.5,160
  • Acres0.16
  • Built1973
  • Listing StatusActive

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.

Property information

  • MLS® #200003476
  • Price$1,050,000
  • StatusActive
  • Sales TypeNone
  • Annual Taxes$0
  • Stories2 Story
  • Square Footage5,160
  • Acres0.16
  • Year Built1973
  • Parking Spaces9
  • ParkingCommon
  • TypeMulti-family
  • Sub-TypeApartment Building (up To 8 Units)
  • ZoningMF30

Amenities

  • AmenitiesNone
  • UtilitiesCity/County Water, City Sewer, Electricity, Natural Gas
  • FeaturesVaries Per Unit

Exterior

  • WindowsSingle Pane, Varies by Unit
  • RoofFlat
  • ConstructionWood Frame
  • FoundationConcrete/Crawl Space
  • ExteriorBrick
  • FencedPartial
  • SprinklersNone
  • LandscapedNone

Community Information

  • Address1036 Bell Street
  • AreaReno-Old Northwest
  • CityReno
  • CountyWashoe
  • StateNV
  • Zip Code89503

Interior

  • Floor CoveringVaries by Unit
  • Water HeaterNatural Gas, Varies by Unit
  • Heating/CoolingForced Air
  • AppliancesVaries Per Unit

Listing Details

  • Date ListedMarch 15th, 2020
  • Days on Website24
  • Financing OptionExchange 1031, Conventional, Cash
  • Listing OfficeMarmot Properties, Llc
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Listing information last updated on April 9th, 2020 at 7:18am PDT.