$511,000
Active
5 Days Online
2 Beds2 Baths1,252 SQFT
Active

495 Vassar Reno, NV 89502

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Discover the perfect investment opportunity with this duplex in the heart of Reno. Property to convey "as is." Do not disturb tenants. Showings must be requested and approved with 24 hours advance notice to listing agent, Marika Moore. Located close to downtown Reno, the University, & local amenities, this duplex is ideal for both long-term rental income & future appreciation. Don't miss out on this chance to invest in a property with great potential. Each unit features 1 bedroom, 1 bathroom, & a convenient laundry room. With its prime location & versatile layout, this property offers numerous possibilities. Imagine- You could live in one unit and rent out the other to have your tenant cover most of your mortgage, or rent out both units for a steady income stream. The choice is yours! Don't miss out on this fantastic chance to own a versatile property in a desirable area. Similar fully updated properties rent for a range of about $1, 500 - $1, 800 per unit heavily depending on condition- pushing the cap rate to above 6%.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyWashoe
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site4 Days
  • MLS StatusActive
  • MLS ID Number240007282
  • Home Size Source N/A
  • Year Built1949
  • Lot Size0.155 Acres
  • Full Baths2
  • Partial BathsN/A

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