46 W 10th ST

Reno,NV 89503

$ 983000

- Bed

0 Bath

4324 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,324 sqft

Price per Sqft $227

Subdivision Anderson Addition

MLS Listing ID 250005509

Year Built 1930

Annual Tax Amount $2,443

Lot Size 8,668 Sqft

Acres 0.2

Lot Dimensions 0.2

Property Sub-Type Multi Family

Property Description

This captivating historic Victorian building is located in desirable NW Reno 1 block from UNR. It has up to 13 unique apartments/rooms from small to quite large. It is ideal for students and others and is walking distance to UNR, downtown Reno, restaurants and coffee shops. This property is 89 percent occupied at this time and all, but one, tenants are in lease agreements into 2026! Many improvements have been done in the past few years including some new LVP flooring, new exterior paint, plumbing upgrades, new door locks, and more. There are 5 parking spaces in the back alley plus plenty of street parking. The building layout is as follows: 2 large loft apartments on the top level, 4 units on the main floor (2 large, 2 small) and 4-7 exterior-access apartments/units on the lower level. (Note: unit 8 can be broken into 4 separate units as 8-11). There is a large shared kitchen available to all tenants and all units have private bathrooms except 3 and 4, which share a bathroom. This property is zoned multi-use. One exterior unit, in particular, could be used as a 4-room office space for a small business or perhaps storage rental units. Each tenant pays 75/month for utilities (water, power, sewer, trash + radiant heating) in addition to rent. There is a newer-style boiler system with 2 boilers, one for radiant heating and one for hot water, which were installed in 2002. Assessor's records show this as a 5-bedroom, but it is actually 13 rooms/apartments with individual locks on each room. One unit has its own refrigerator and most units have window A/C's. Only units 3 and 8 (8-11, the "4-Room Suite") are vacant and available to view at this time as all other units are occupied. Please do not disturb tenants. BUYER TO VERIFY ALL.

Location

State NV

County Washoe

Community Anderson Addition

Area Anderson Addition

Zoning MU

Direction Corner of W 10th St & North Sierra St

Interior

Heating Hot Water,Natural Gas,Radiant,Radiant Floor

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile

Fireplace No

Laundry None

Exterior

Parking Features Alley Access,On Street

Utilities Available Electricity Available,Internet Available,Natural Gas Available,Sewer Available,Water Available,Water Meter Installed

View Y/N No

Roof Type Composition,Pitched,Shingle

Garage No

Building

Lot Description Landscaped,Other

Story 3

Foundation Stone

Water Public

Structure Type Frame,Stone,Wood Siding

Others

Tax ID 007-181-02

Acceptable Financing 1031 Exchange,Cash,Conventional,Owner May Carry

Listing Terms 1031 Exchange,Cash,Conventional,Owner May Carry

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