3271 Gypsum Rd, Reno, NV 89503

$1,100,000
8
BD
4
BA
4,608
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,100,000
Status
ACTIVE
MLS#
260012260
Days on Market
27
Year Built
1964
Bedrooms
8
Bathrooms
4
Acres
0.40
Living Area
4,608
Lot Size
17,337

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.

Additional Information

Taxes
$2,735
Utilities
Electricity Available, Sewer Available, Water Available
Roof
Composition, Shingle
Foundation
Other
Exterior Features
Balcony
Garage Description
Attached, Garage
Elementary School
Elmcrest
Middle School
Clayton
High School
McQueen

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Felisa Cusimano-Martin and Dickson Realty - Sparks. Contact:

broker reciprocity logo

© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed