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261 & 263 Thoma St

Reno, NV 89502
  • $725,000
  • STATUS: Closed
  • ON SITE: 389 Days
  • MLS #: 230010677
Sold - 11/30/2023
$725,000
SOLD - 11/30/2023
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,240
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2018
County:

School Information

Elementary School:
Middle School:
High School:

Description

261 & 263 Thoma Street is an exceptional duplex nestled in the heart of MidTown in Reno. This newer construction multifamily asset presents an outstanding stabilized investment opportunity. With its prime location in MidTown Reno, these easy to rent units offer direct access to restaurants, arts and culture events, shopping, and main thoroughfares. Take advantage of all that Reno MidTown urban living has to offer. The downstairs features a beautiful kitchen with polished concrete floors, a quaint office nook and guest bath. The upstairs master suite takes up the entire 2nd level and overlooks a portion of the downstairs area. This asset has one leased unit at $1,775 and one vacant unit to select your own tenant or have an owner occupant opportunity in one of the units. Owner occupant buyer could qualify for a low-down payment owner occupant loan on this asset. This asset can be purchased with the duplex at 265 Thoma as a portfolio sale. Do not disturb the tenants.

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Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-06T21:19:50.973.
www.nevada.properties/homes/143313208
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261 & 263 Thoma St Reno, NV 89502

  • Price: $799,000
  • Status: Closed
  • On Site: 389 Days
  • Updated: 44 min ago
  • MLS #: 230010677
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1,240
SQFT
$0
$/SQFT
2018
Built
Neighborhood:
Reno-Southeast
County:
Washoe
Area:
Reno-Southeast
Elementary School:
Booth
Middle School:
Vaughn
High School:
Wooster
Property Description
261 & 263 Thoma Street is an exceptional duplex nestled in the heart of MidTown in Reno. This newer construction multifamily asset presents an outstanding stabilized investment opportunity. With its prime location in MidTown Reno, these easy to rent units offer direct access to restaurants, arts and culture events, shopping, and main thoroughfares. Take advantage of all that Reno MidTown urban living has to offer. The downstairs features a beautiful kitchen with polished concrete floors, a quaint office nook and guest bath. The upstairs master suite takes up the entire 2nd level and overlooks a portion of the downstairs area. This asset has one leased unit at $1,775 and one vacant unit to select your own tenant or have an owner occupant opportunity in one of the units. Owner occupant buyer could qualify for a low-down payment owner occupant loan on this asset. This asset can be purchased with the duplex at 265 Thoma as a portfolio sale. Do not disturb the tenants.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced Back Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 3 Parking Types Common Roof Composition/Shingle Sprinklers Full SprinklersNone

Interior Features

1 Bedroom Baths 3 1 Bedroom Sq Ft 620 2 Bedroom Baths 0 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposalDishwasherMicrowaveWasherDryer Flooring ConcreteLaminate Heating Cooling Central Refrig A/CNatural GasForced Air Laundry SeparateVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features BalconyBlinds/ShadesPatio/Deck Water Heater Electric Windows Double Pane

Property Features

1 Bedroom Avg Rent Per Unit 1795 1 Bedroom Units 2 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 0 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 11049.2 Annual Income And Expenses Actual Annual Vacancy 1723.2 Apod Available Yes Ccr Restrictions No Common Features None Documents On File Financial StatementsRental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-WaterSeparate Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 43080 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 30307.6 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityNatural GasInternet Available Zoning Actual Mf30

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of LPT Realty, LLC: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Theresa Nelson Real Estate | REMAX Professionals. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | REMAX Professionals are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-10-06T21:19:50.973.
 
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Theresa Nelson Real Estate | REMAX Professionals
5905 S Virginia Street
Reno NV, 89502