412 Roberts StReno, NV 89502

Property Details for 412 Roberts St

Year built

1931

Property size (Sq ft)

2,047 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a stabilized, three-unit apartment building located in Reno's desirable Midtown neighborhood. The property, built in 1931 and boasting 2,047 square feet, features two buildings situated on a single lot. Each of the three units is currently occupied at 100% occupancy, generating a strong cash flow. Recent contemporary renovations include updated gourmet kitchens with stainless steel appliances and new cabinetry, luxurious bathrooms with bespoke tiled showers, and original hardwood flooring. The exterior features newly landscaped zero-scaped grounds for low-maintenance upkeep. The property is zoned MF30, offering flexibility for future development. The asking price is $1,150,000, translating to $383,333.33 per unit and $561.80 per square foot. This prime location provides easy access to Midtown Reno's vibrant dining, shopping, and entertainment scene, making it an attractive option for renters and a highly desirable investment property. Detailed rental and work order history is available. This is a rare chance to acquire a meticulously renovated multifamily property in a highly sought-after area. The property's strong performance and prime location make it an ideal addition to any investment portfolio. The APN is 013-094-02.

Location Insight

City

Reno

County

Washoe

State

Nevada

Latitude

39.5201

Longitude

-119.805

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.