330 Talus WAY, Reno, NV 89503
330 Talus WAY, Reno, NV 89503
330 Talus WAY, Reno, NV 89503
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$1,149,000
Est. payment /mo
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3,438 SqFt
Price Dropped by $51K

330 Talus WAY Reno, NV 89503

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Kyle Krch

Kyle Krch

+1(775) 276-5858

UPDATED:

Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 3,438 sqft

Price per Sqft $334

Subdivision Reno Foothills 1

MLS Listing ID 260008946

Year Built 1985

Annual Tax Amount $3,226

Lot Size 8,112 Sqft

Acres 0.19

Lot Dimensions 0.19

Property Sub-Type Income

Property Description

Six-unit apartment building constructed in 1985. SELLER FINANCING AVAILABLE with the following terms: six hundred thousand dollars down, seller to carry a five hundred fifty thousand dollar note amortized over thirty years, with a five percent interest rate, and a five-year term. Seller may be willing to extend the loan at the end of the initial five-year term. All six units have an identical floorplan which can accommodate the addition of stackable washer & dryers for added value and increased income potential. Great location for rentals with The University of Nevada Reno (UNR) within walking distance. Two of the six PTAC cooling / heating units have recently been replaced, and five of the six water heaters have recently been replaced. Ample area under the building provides plenty of room for storage and easy access to plumbing components.

Location

State NV

County Washoe

Community Reno Foothills 1

Area Reno Foothills 1

Zoning MF30

Direction N. Virginia To Talus Way

Interior

Interior Features No Interior Steps

Heating Natural Gas, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Varies

Fireplace No

Laundry None

Exterior

Exterior Feature Balcony

Parking Features Varies by Unit

Pool None

Utilities Available Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Composition,Shingle

Porch Patio, Deck

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter, Crawl Space

Water Public

Structure Type Concrete,Glass,Wood Siding

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Hug

Others

Tax ID 003-234-10

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

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

Listed by DL Realty

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Kyle Krch

Kyle Krch

Broker Associate License ID: 56206

+1(775) 276-5858

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330 Talus WAY