Skip To Content

650 Elko Ave

Reno, NV 89512
  • $899,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 240011814
UPDATED: 88 min ago
$899,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,165
    SQFT
  • $415
    $/SQFT
Type:
Multi-Family
Built:
1910
County:

School Information

Elementary School:
Middle School:
High School:

Description

Fantastic investment opportunity! This well-maintained 4-plex at 650 Elko Ave offers incredible income potential in a desirable location. 1-2 bedroom and 1 bath unit, 2-1 bedroom 1 bath units and a studio. Each unit features well-maintained and updated features providing comfortable living spaces for tenants. Conveniently located near shopping, dining, and schools, UNR, and downtown, this property attracts a steady stream of renters. With ample parking, well-kept grounds, and strong rental history, this 4-plex is perfect for investors looking to expand their portfolio or generate reliable rental income. Don’t miss out on this prime property for a fully leased property with great income and additional income potential.

Monthly Payment Calculator

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: 2024-10-10T00:19:55.643.
www.nevada.properties/homes/155152799
Print Image

650 Elko Ave Reno, NV 89512

  • Price: $899,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 88 min ago
  • MLS #: 240011814
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,165
SQFT
$415
$/SQFT
1910
Built
County:
Washoe
Elementary School:
Booth
Middle School:
Clayton
High School:
Wooster
Property Description
Fantastic investment opportunity! This well-maintained 4-plex at 650 Elko Ave offers incredible income potential in a desirable location. 1-2 bedroom and 1 bath unit, 2-1 bedroom 1 bath units and a studio. Each unit features well-maintained and updated features providing comfortable living spaces for tenants. Conveniently located near shopping, dining, and schools, UNR, and downtown, this property attracts a steady stream of renters. With ample parking, well-kept grounds, and strong rental history, this 4-plex is perfect for investors looking to expand their portfolio or generate reliable rental income. Don’t miss out on this prime property for a fully leased property with great income and additional income potential.
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced Back Foundation Basement/UnfinishedConcrete/Crawl Space Landscaped Fully LandscapedYes Parking Capacity 5 Parking Types None Roof Composition/ShinglePitched Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 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 Oven/RangeVaries Per Unit Flooring CarpetVaries by Unit Heating Cooling Natural GasForced Air Laundry Varies 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 Varies Per Unit Water Heater Electric Windows Double PaneSingle Pane

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 2 2 Bedroom Avg Rent Per Unit 0 2 Bedroom Units 1 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 12839 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Ccr Restrictions No Common Features None Documents On File Rental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-WaterSeparate Heating/CoolingLandlord Pays UtilitiesTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 53412 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 40573 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 1 Utilities CableCity Sewermap to 20ElectricityNatural Gasmap to 20 alsoTelephoneVaries by UnitWater Meter Installed Zoning Actual MD-ID

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

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: 2024-10-10T00:19:55.643.
 
https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_2_240011814-2.jpg https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_2_240011814-2.jpg https://bt-photos.global.ssl.fastly.net/reno/orig_boomver_2_240011814-2.jpg
Logo
Theresa Nelson Real Estate | REMAX Professionals
5905 S Virginia Street
Reno NV, 89502