Fixer-Upper Investment Opportunity – 1145 Kirman Ave, Reno, NV – $389,000
Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income.
Investment Highlights:
• Dual Income Potential: With projected rental incomes of $2,250 for the upper unit and$2,000 for the lower unit, you can realize strong returns as you complete the necessary renovations.
• Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements.
• Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants.
Prime Location:
Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home.
Don’t Miss Out: this price is only $173.97 per square foot…
Whether you’re an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment.
Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!