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2735 Lakeside Dr

Reno, NV 89509
  • $1,050,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 250001087
UPDATED: 14 min ago
$1,050,000
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,198
    SQFT
  • $250
    $/SQFT
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike. Tenants will enjoy the serene setting while being just minutes from Midtown Reno’s vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area’s strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno’s most sought-after locations.

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Northern Nevada Regional MLS logo © 2025 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 Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-02-19T12:19:55.443.
www.nevada.properties/homes/159900810
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2735 Lakeside Dr Reno, NV 89509

  • Price: $1,050,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 14 min ago
  • MLS #: 250001087
0
Beds
0
Baths
0
½ Baths
0.51
Acres
4,198
SQFT
$250
$/SQFT
1950
Built
County:
Washoe
Elementary School:
Anderson
Middle School:
Swope
High School:
Reno
Property Description
A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike. Tenants will enjoy the serene setting while being just minutes from Midtown Reno’s vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area’s strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno’s most sought-after locations.
Exterior Features

Construction Wood Frame Exterior Wood SidingMetal SidingBrick Fenced FrontPartial Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 10 Parking Types GarageCarportAttachedVaries Per Unit Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 1279 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposalDishwasherWasherDryerVaries Per Unit Flooring CarpetSheet VinylVaries by Unit Heating Cooling Central Refrig A/CNatural GasForced AirVaries by Unit Laundry SeparateCommonVaries Per Unit Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 1 Studio Sq Ft 360 Unit Features Blinds/ShadesSmoke Detector Water Heater ElectricVaries by Unit Windows Double PaneMetal FrameSingle PaneVinyl FrameVaries by Unit

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1480 2 Bedroom Units 3 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 15085 Annual Income And Expenses Pro Forma Annual Vacancy 0 Apod Available Yes Ccr Restrictions Yes Common Features None Documents On File Rental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricSeparate Water HeatersSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 65820 Multifamily Type DuplexTriplex4-Plex Net Operating Income 50735 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 1045 Studio Units 1 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneInternet AvailableCellular Coverage Avail Zoning Actual MF 30

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Marmot Properties, LLC: .

Northern Nevada Regional MLS logo © 2025 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 Gold. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Remax Gold 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: 2025-02-19T12:19:55.443.
 
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Theresa Nelson Real Estate | Remax Gold
10795 Double R. Blvd.
Reno NV, 89521