590 Denslowe Dr. Reno, NV 89512
Listing Courtesy of: NORTHERN NEVADA / Sparks / Gregg and Kimberly Moore

  590 Denslowe Dr. Reno, NV 89512

Active (192 Days)
$925,000
8
BED
16
BATH

Description

Introducing 590 Denslowe Drive: A Great 4-Plex, Where Modern Comfort Meets Investment Opportunity. Nestled in the heart of the vibrant city of Reno, Nevada, this property presents a remarkable investment opportunity. This newly renovated 4-plex is a haven of modern comfort and convenience, offering not only a place to call home but also a sound financial investment, with renters already in place in 3 of its four individual units. The 4th unit, shown in the pictures, was completely remodeled, and could rent for $1500-$1600. The other 3 units were updated and currently rent for $1300. The Units: Inside, each of the four 2-bedroom, 1-bathroom units have been thoughtfully updated and upgraded to meet the demands of today's tenants. The kitchens in each unit have new or newer appliances, and ample cabinet space. Bedrooms offer comfortable living spaces and closets for storage. The bathrooms have also been updated or remodeled to provide modern amenities that cater to today's tenants' preferences. Each unit has a private patio or balcony and inside each unit is equipped with newer mini-split HVAC systems for added comfort. Outdoor Living: The property includes a well-maintained outdoor space, where tenants can unwind, or simply enjoy the beautiful Reno weather. Investment Potential: As a 4-plex with established renters in place, this property offers immediate income-generating potential. You'll benefit from the stability of having tenants already in residence, providing you with peace of mind and a steady income stream from day one. Plus, Reno's strong rental market and growing economy make this an even more attractive opportunity for investors. Location: It is located in a prime neighborhood just east of the University, close to schools, shopping, dining, and all the amenities that make Reno a thriving city. It's a short drive to downtown Reno and the University of Nevada, Reno, making it convenient for tenants and enhancing its rental appeal. Don't miss your chance to own this gem it's an investment that's both beautiful and financially savvy.

MLS #:
230012181
Lot Size
6,098 SQFT
Type
Multifamily
Year Built
1952
County
Washoe County

Listed By

Gregg and Kimberly Moore, Sparks
Source
NORTHERN NEVADA
Last checked Apr 27 2024 at 10:11 PM GMT+0000
Bathroom Details
Interior Features
  • Refrigerator
  • Dishwasher
  • Varies Per Unit
  • Windows: Combo/Varies
  • Disposal
  • Microwave
  • Windows: Varies by Unit
  • Windows: Double Pane
  • Windows: Single Pane
  • Oven/Range
Property Features
  • Foundation: Concrete Slab
Heating and Cooling
  • Air Unit
  • Electric
  • Wall Heater
  • Varies by Unit
  • Forced Air
  • Natural Gas
Flooring
  • Carpet
  • Sheet Vinyl
  • Vinyl Tile
  • Varies by Unit
  • Ceramic Tile
Exterior Features
  • Wood Siding
  • Vinyl Siding
  • Roof: Flat
  • Roof: Asphalt
Utility Information
  • Utilities: City/County Water, City Sewer, Electricity, Telephone, Water Meter Installed, Cable, Internet Available, Cellular Coverage Avail, Varies by Unit, Natural Gas
Stories
  • 2 Story
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2024 Northern Nevada Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided 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 4/27/24 15:11