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
UTILITIES:
Water Meter Installed, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Phone Available
Xstreet/Directions
Address Map
Country:
US
State:
NV
County:
Washoe
City:
Reno
Area:
Edmonds
Zipcode:
89512
Street:
Laurel
Street Number:
462
Floor Number:
0
Longitude:
W120° 11' 29.5''
Latitude:
N39° 32' 15.4''
Neighborhood
Elementary School:
Lemelson Stem Academy
High School:
Hug
Middle School:
Traner
Additional Info
Office Name:
Dickson Realty - Caughlin
Agent Name:
Victoria Palladino
PhotoTimestamp:
04-10-2025 12:21:19
Status Detail:
Active
Status Date:
01-10-2025
Agent ID:
3501
Listing Office 1:
136-o
Contract Date:
01-10-2025
Sold Price:
$0
Update Date:
05-08-2026 02:17:16
Stories:
1
CIC Dues:
$0
Parcel #:
007-193-04
Search Price:
$0
Price Per SQFT:
$0

Residential Income Residential

462 Laurel, Reno, Nevada 89512

7 Bedrooms
4 Bathrooms
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
Bedrooms :
7
Bathrooms :
4
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