$590,000
$590,000
For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
301 SqFt
SOLD DATE : 05/16/2025
Key Details
Sold Price $590,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 301 sqft
Price per Sqft $1,960
MLS Listing ID 250004874
Sold Date 05/16/25
Bedrooms 5
Full Baths 2
Year Built 1948
Annual Tax Amount $964
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 0.24
Property Sub-Type Single Family Residence
Property Description
Rare LEGAL 5-bedroom home steps from UNR w/strong rental history & tenant through July 2026. A full gut $45K basement remodel completed 1/2025, legally adding 2 bedrooms, bonus kitchenette, & living area. Taxes only $965! Large lot & backyard offer ADU potential for even greater revenue potential (w/permit). Great income property w/immediate cash flow. The seller is only selling to do a 1031 exchange. Own w/confidence, knowing basement is safe w/legal egress for tenants! Investor rate of 6.375% available!, Lease buyout maybe possible if buyer wants to occupy or start with fresh tenants. One of the owners is a real estate licensee.
Location
State NV
County Washoe
Zoning Sf8
Direction Use GPS
Rooms
Family Room Separate Formal Room
Other Rooms Finished Basement
Dining Room Kitchen Combination
Kitchen Built-In Dishwasher
Interior
Heating Forced Air, Natural Gas
Flooring Ceramic Tile
Fireplace No
Laundry Laundry Area, Laundry Room
Exterior
Exterior Feature None
Parking Features None
Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Centralized Data Panel, Water Meter Installed
Amenities Available None
View Y/N No
Roof Type Composition,Pitched,Shingle
Porch Patio
Garage No
Building
Lot Description Landscaped, Level
Story 1
Foundation Slab
Water Public
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Lemelson Stem Academy
Middle Schools Traner
High Schools Hug
Others
Tax ID 00703304
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION
REALTOR® | Lic# CA 01350620 NV BS145655