462 Laurel St, Reno, NV

Name: 462 Laurel St, For Sale in Reno - Zoocasa
Brand: Dickson Realty - Caughlin
SKU: 250000365
Price: 1050000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,050,000

743

MLS® 250000365

Overview

Key Facts

Type Triplex

Levels Residential Income

Size -

Garage

Taxes $3,305

Days Active 325

Lot Size

Approx. Age 1918

MLS® Number 250000365

Property Address: 462 Laurel St, Reno, NV, 89512-2808

Average square foot calculated using Size range provided by listing agent.

Description

Investment Triplex next to University! Steps from the University with easy access to downtown and major city routes. This triplex property is an ideal investment for rental income or owner-occupancy with rental benefits. Unit 1: built in 2015; this modern 3-bdrm unit offers contemporary finishes, spacious living areas and excellent tenant appeal. Unit 2 & 3: located in the original duplex building; both units feature well- maintained interiors with consistent rental history., The pictures are from 2016 before the units were occupied. Units 2 & 3 (the duplex) were updated at the same time Unit 1 was constructed in 2015. Current cap rate is low due to long standing below market rents. New owner can significantly increase cash flow by adjusting rents to meet current market demand. Maximize your return; this property presents a unique value-add opportunity for savvy investors looking to capitalize on under market rents in a high-demand area. Seller is related to Listing Agent.

MLS® Number250000365

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1918

Basement

DrivewayAlley Access, Assigned

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

May 13, 2025List Date

$1,050,000List Price

Map

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