263/ 267 Cheney Street

Description

This unique 4-unit investment opportunity consists of two separate parcelsa beautifully renovated 1937 duplex at 263 Cheney St in the front, and a brand-new construction duplex at 267 Cheney St in the rear, slated for completion in early July. The original front duplex offers timeless charm with modern updates. It features well-maintained units, each with their own private outdoor space. Washer and dryer are included in all units except the lower level, and select furnishings in the upstairs unit may be available for purchase directly from the current occupant. The newly built rear duplex at 267 Cheney showcases sleek, modern design with mirrored 2-bedroom, 2.5-bathroom units, each with its own laundry and private outdoor spacean ideal setup for maximizing rental income and attracting quality tenants. Key highlights: 2 separate parcels - potential to sell individually, though owner prefers to sell together 5 off-street parking spaces total: 2 in front (via access easement on the west side) and 3 in back (alley access for new duplex) Brand-new water line to the property Prime Midtown locationwalkable to restaurants, coffee shops, and local entertainment Excellent option for investors or owner-occupants seeking rental income Private outdoor space for each unit Projected completion for new construction: early July This property offers flexibility, functionality, and long-term value in one of Reno's most desirable neighborhoods. Don't miss the chance to own a thoughtfully upgraded and intelligently designed multi-family property in the heart of Midtown.