462 Laurel St, Reno, NV 89512, USA (Off Market)

For Sale, USD 1,050,000


462 Laurel St, Reno, NV 89512, USA,

Property Type : Residential Lot

Property Style : N/A

Build Size : 3,340 ft² / 310 m²

Land Size : N/A

Bedroom : 7

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit one: built in 2015; this modern three-bedroom unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Units two and three: located in the original duplex building; both units feature well-maintained interiors with consistent rental history. The pictures are from 2016 before the units were occupied. Units two and three (the duplex) were updated at the same time unit one was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.
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462 Laurel St, Reno, NV 89512, USA, United States,Nevada,Reno is a 3,340ft² Reno luxury Residential Lot listed for sale USD 1,050,000. This high end Reno Residential Lot is comprised of 7 bedrooms and 0 baths. Find more luxury properties in Reno or search for luxury properties for sale in Reno.