1630 Idlewild Dr. new Save Request In-Person Tour Request Virtual Tour
Reno,NV 89509
Key Details
Property Type Multi-Family
Sub Type Apartment Complex
Listing Status Active
Purchase Type For Sale
Square Footage 4,784 sqft
Price per Sqft $228
Subdivision Nv
MLS Listing ID 250005426
Bedrooms 3
Year Built 1940
Lot Size 0.504 Acres
Acres 0.504
Property Sub-Type Apartment Complex
Property Description
1570 AND 1630 Idlewild Dr. - 3 contiguous parcels with 2 buildings / 7 units total. 7%+ CAP Rate (on actuals). $156k per unit!! Over 1/2 an acre in total with plenty of room for additional development possible. Desirable location across the street from the Truckee River and Idlewild Park keeps these units in high demand from tenants. Perfect for AirBB or continue as-is with long-term tenants. Many major upgrades made within the past 8 months. Call for list of recent upgrades and cashflow APOD. APN's - 010-110-05, 010-110-06, and 010-110-07 included in sale.
Location
State NV
County Washoe
Zoning PD
Interior
Heating Electric,Natural Gas,Wall Heater,Varies by Unit
Cooling Electric,Natural Gas,Wall Heater,Varies by Unit
Flooring Varies by Unit
Appliance Refrigerator,Oven/Range,Dishwasher,Varies Per Unit
Laundry None
Exterior
Exterior Feature Wood Siding,Fiber Cement Siding
Fence Partial
Utilities Available Cable,City/County Water,City Sewer,Electricity,Natural Gas,Telephone,Varies by Unit,Internet Available,Cellular Coverage Avail
Roof Type Composition/Shingle,Pitched
Total Parking Spaces 14
Building
Story 2 Story
Foundation Basement/Finished,Concrete/Crawl Space,Concrete Slab
Water Electric
Level or Stories 2 Story
Structure Type Wood Frame
Schools
Elementary Schools Hunter Lake
Middle Schools Swope
High Schools Reno
Others
Tax ID 01011005
SqFt Source 4784
Special Listing Condition None