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1101 E Taylor St
Reno, NV 89502

Multifamily Property For Sale · 6 Units

Investment Highlights

  • Prime Location: Located near Midtown Reno and Renown Hospital, this property offers convenient access to major amenities, making it highly attractive
  • Stable Income: With a gross annual income of $111,744, this property provides a reliable return, making it a sound investment
  • Affordable Price Per SQFT: At just $399 per square foot, this property represents a competitive price point in the Reno market
  • Turn-Key Condition: The units are ready for immediate occupancy, perfect for investors not interested in the hassle of renovations
  • Exchange Potential: This listing is particularly ideal for investors considering a 1031 exchange

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.20 AC
Building Size 4,760 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2020
Parking Ratio 2.1/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows

Site Amenities

  • Picnic Area
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,600 793

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013-141-17
Land Assessment
$71,750
Improvements Assessment
$51,664
Total Assessment
$123,414

zoning

Zoning Code MF14
MF14
  • Listing ID: 32380711

  • Date on Market: 7/8/2024

  • Last Updated:

  • Address: 1101 E Taylor St, Reno, NV 89502

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