For sale
  • Price cut: $80K (7/30)
    $995,000

    629 Sinclair St, Reno, NV 89501

    3beds
    5baths
    2,700sqft
    : 
    Multi Family
    Built in 1918
    -- sqft lot
    $919,400 Zestimate®
    $369/sqft
    $-- HOA

    What's special

    629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offers charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units near the highest rates in Reno. 3 of the 5 units have been renovated in recent years., With an adjustment in rental rates the property could have an address income (net monthly income) of $1,429/mo with an Annual Return (cap) of 6.69%. This assumes the market 7% for full property management. Please request a complete financial analysis of this investment. If the property was renovated the investor could possibly receive a 13% upside from the current cash flow.
    66 days
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    349
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    10
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