3964 Neil Road
3964 Neil Road Reno, Nevada 89502 United States

$899,000
 Get directions
 
current rents & routine expenses = 5.34 CAP rate, increasing rents to proven market rates = 6.67 CAP rate (pro-forma). Central Reno location with public transportation nearby and easy freeway access. Favorable unit mix with two 1 bed/ 1 bath and...
Advertiser Logo
2
Bedrooms
3,712 Sq Ft.
Interior
.16 Acres
Exterior
Duplex / Multiplex
Property type
1978
Year Built
220014161
Web Id
220014161
MLS ID
Washoe County
School District
5
days ago

About 3964 Neil Road

current rents & routine expenses = 5.34 CAP rate, increasing rents to proven market rates = 6.67 CAP rate (pro-forma). Central Reno location with public transportation nearby and easy freeway access. Favorable unit mix with two 1 bed/ 1 bath and two 2 bed/ 1.5 bath units. All units have washer/dryer hook-ups. Tenants pay electricity, owner pays water/sewer/trash. Upside in rents/income and a historically low vacancy rate makes this an attractive opportunity for investors.

Listing Courtesy of DL Realty

PROPERTY INFORMATION

Appliances
Dishwasher, Dryer, Oven/Range, Refrigerator, Varies Per Unit, Washer
Heating
Air Unit, Baseboard, Electric
Parking Description
Common

Exterior

Construction
Wood Frame
Roofing
Composition/Shingle, Pitched

Interior

Flooring
Carpet, Laminate, Varies by Unit
Listing Courtesy of DL Realty
Advertiser Logo

NNR MLS

Listing Courtesy of DL Realty
Contact Agent