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About This Home
This 8-bedroom, 4-bathroom residential multi family at 650 Denslowe Drive lot: A, B, C, D in Reno, NV is listed for $740,000 ($249 per sqft). Built in 1952, the home offers 2,966 sqft of living space on a 0.14 acres lot.
Excellent investment opportunity in the heart of Reno! This 4-plex is ideally located near all major amenities and just minutes from the University of Nevada, Reno, making it highly desirable for renters. Each unit features two bedrooms and one bathroom, along with the rare convenience of both front and back private entrances.
The upstairs units both have private balconies as well. Solid, long-term tenants are already in place, providing immediate and reliable cash flow. The property requires minimal maintenance, while also offering upside potential through future upgrades and rent increases. It is a strong addition to any investment portfolio in a high-demand rental market! Self-managed CAP rate 6.16 percent. Please drive by the property before requesting a showing.
Key Features
- Built in 1952
- 0.14 acre lot
- 2 stories
- 6 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,958/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
650 Denslowe Drive lot: A, B, C, D
Reno, NV 89512
Sterling Village
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom residential multi family at 650 Denslowe Drive lot: A, B, C, D is listed at $740,000 ($249/sqft). The estimated monthly payment is $3,207 based on 20% down at 6.5% interest.
Key features include: Built in 1952, 0.14 acre lot, 2 stories, 6 parking spaces. Exterior Features: Balcony.
This property is listed by Jacqueline Lescott and can be reached at 7753600060 or jlescott@dicksonrealty.com.