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About This Home
This 0-bedroom, 0-bathroom commercial at 747 Willow Street in Reno, NV is listed for $1,350,000 ($353 per sqft). Built in 1931, the home offers 3,822 sqft of living space on a 0.18 acres lot.
Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low.
All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
Key Features
- Built in 1931
- 0.18 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$7,220/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
747 Willow Street
Reno, NV 89502
Shaff`S
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 747 Willow Street is listed at $1,350,000 ($353/sqft). The estimated monthly payment is $5,850 based on 20% down at 6.5% interest.
Key features include: Built in 1931, 0.18 acre lot, 2 stories.
This property is listed by Jacqueline Lescott and can be reached at 7753600060 or jlescott@dicksonrealty.com.






