612 Quincy St Reno, NV 89512
Exceptional investment opportunity in Reno, Nevada! This multifamily property consists of two charming single-family homes situated on a 0.156-acre lot, offering a combined 2,400 square feet of living space. Each unit boasts three bedrooms and two full bathrooms, complete with fenced yards. Built in 1930 and 1905, these homes have undergone significant renovations. The front house features a new roof (2010) and furnace (2011), showcasing original wood doors, stair railing, and framing. The rear house, renovated in 2020, boasts a new roof, re-sleeved sewer line, new luxury vinyl plank (LVP) flooring, and fresh paint, making it move-in ready. The property is zoned MU and has a Washoe County APN of 008-197-11. This property presents a fantastic opportunity for a cash-flowing investment, or the possibility of owner-occupancy with rental income from the second unit. The asking price is $610,000. Virtual tours are available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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