1550 W 7th St, Reno, NV 89503

This vacant duplex is ideal for investors who are looking for a new project, as it has the potential to produce a 5.5% cap rate after renovations. The owner preferred to keep it vacant for the listing to provide greater flexibility for a buyer. You can start renovations right away. With a renovation, the potential for rental income could increase to over $350 in monthly income after mortgage and all operating expenses, with 6.5% interest financing and a 30% down payment., A complete multifamily investment property analysis is available upon request.