Property Description

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

Features
: Water Meter Installed, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Phone Available
: Valley Road
Address Map
US
NV
Washoe
Reno
Edmonds
89512
Laurel
462
0
W120° 11' 29.5''
N39° 32' 15.4''
Neighborhood
Lemelson Stem Academy
Hug
Traner
Additional Info
Dickson Realty - Caughlin
Victoria Palladino
04-10-2025 12:21:19
Active
01-10-2025
3501
136-o
01-10-2025
$0
06-20-2025 21:55:10
1
$0
007-193-04
$0
$0

Residential Income Residential

462 Laurel, Reno, Nevada 89512

0.16 Acre
$1,050,000
Listing ID #250000365
Basic Details
Property Type : Residential Income
Listing Type : Residential
Listing ID : 250000365
Serial Number : 20250410121617252284000000
Price : $1,050,000
View : Trees
Year Built : 1918
Lot Area : 0.16 Acre
Status : Active
Agent info
Silver State Homes of Nevada
4600 Kietzke Lane, Ste O-269, Reno, NV 89502
Contact Agent