Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors seeking hassle-free ownership and long-term stability. Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today’s market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don’t miss this fantastic opportunity to add a quality asset to your portfolio.
For sale
Price cut: $15K (10/20)
$1,735,000
1101 E Taylor St, Reno, NV 89502
12beds
6baths
4,760sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$1,655,300 Zestimate®
$364/sqft
$-- HOA
What's special
- 88 days |
- 584 |
- 35 |
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