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.
- UTILITIES:
- Water Meter Installed, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Phone Available
- Xstreet/Directions
- 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''
- Elementary School:
- Lemelson Stem Academy
- High School:
- Hug
- Middle School:
- Traner
- 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
- 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