Outstanding 12 unit property on .50 acre lot. Secluded setting, yet close to town. Fully occupied. Onsite laundry provides additional income. Ten 1 bedroom units, two 2 bedroom units. Adjacent .77 acre parcel APN 006-250-46 available for $130,000. Possible seller financing on that parcel only. New, high efficiency oil furnace heats ten units. Two units on propane heat. Property is on a private well and city sewer. Incredible 8% cap rate. Do not walk or drive onto property. APOD in associated documents.
Great central location. Walk or bike everywhere. 2 houses on 1 lot. Main house is classic Reno brick with basement and charming original vintage features. Back house is a steel tiny home with an industrial frosted glass roll up door in the main living area. Both homes have washer/dryer, dishwasher, off street parking and private fenced yards. Main house has an oversized single car garage. New sewer line. Fully occupied. No showings without accepted offer. Drive by and make offer subject to inspection.
Live surrounded by trees in this unique home on a wooded lot with no HOA. Close to Tahoe, skiing and hiking, yet only ten minutes to shopping and services. This home sits on almost a full acre and features three separate living areas, opening up many possibilities for extended family, vacation rental or private guest quarters. 1800 sq ft upstairs, two 700 sq ft spaces downstairs with separate heating. Two large covered decks, low maintenance steel siding and metal roof. Zoned for horses. 3D tour in link