3271 Gypsum RD, Reno, NV 89503
3271 Gypsum RD, Reno, NV 89503
3271 Gypsum RD, Reno, NV 89503
3271 Gypsum RD, Reno, NV 89503
3271 Gypsum RD, Reno, NV 89503
3271 Gypsum RD, Reno, NV 89503
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Lisa Valentine

Lisa Valentine

+1(775) 292-0809
$ 1,100,000
Est. payment | /mo

8 Beds

4 Baths

4,608 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

8 Beds

4 Baths

4,608 SqFt

Key Details

Property Type Manufactured Home

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $238

Subdivision Reno Foothills 1

MLS Listing ID 260012260

Bedrooms 8

Year Built 1964

Annual Tax Amount $2,735

Lot Size 0.398 Acres

Acres 0.4

Lot Dimensions 0.4

Property Sub-Type Quadruplex

Property Description

FOURPLEX INVESTMENT OPPORTUNITY NEAR UNR! Excellent investment opportunity near the University of Nevada, Reno! This well-located fourplex features four spacious 2-bedroom, 1-bathroom residences, each offering an oversized living room with a wood-burning fireplace, a functional galley kitchen with a dining nook, generously sized bedrooms, an assigned one-car garage, and additional private storage. All units seperatly metered, there is a fifth meter for water/power for the Laundry room. For added tenant convenience, the property offers an on-site coin-operated washer and dryer. All four units are currently occupied by long-term tenants, providing an established rental history and income potential. Ideally situated near UNR, shopping, dining, public transportation, and everyday amenities, this property presents an excellent opportunity for investors looking to expand their real estate portfolio. ADDITIONAL INVESTMENT OPPORTUNITY! Two additional fourplexes are available for purchase, offering the potential to acquire up to 12 units as part of a bundled investment. See Associated Documents for additional property information, including individual unit cash flow details. Contact the listing agent for details on the two additional fourplexes and potential package purchase options.

Location

State NV

County Washoe

Community Reno Foothills 1

Area Reno Foothills 1

Zoning MF30

Interior

Heating Wall Furnace

Flooring Vinyl

Fireplaces Number 4

Fireplaces Type Free Standing, Wood Burning

Fireplace Yes

Laundry Varies By Unit

Exterior

Exterior Feature Balcony

Parking Features Attached, Garage

Pool None

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N No

Roof Type Composition,Shingle

Garage Yes

Building

Lot Description Cul-De-Sac

Story 2

Foundation Other

Water Public

Structure Type Brick Veneer,Wood Siding

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Mcqueen

Others

Tax ID 003-275-06

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by Dickson Realty - Sparks

NEARBY SCHOOLS & PROPERTIES

Lisa Valentine

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 292-0809

lisa@tahoereo.com

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3271 Gypsum RD