Active

531 Mill St

Reno NV, 89052

$975,000


$382.65 per sqft

Active

1 Bath

2,548 sqft

Multi-family

Built in 1932

3-Unit Brick Investment Property Minutes Away from Reno's Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces! Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.

240013036

MLS ID

October 10, 2024

Listed

October 15, 2024

Updated

Map

531 Mill St
Reno NV, 89052

Interior Features

Total Stories

2


Total Bathrooms

1


Appliances

Refrigerator, Oven/Range


Laundry Description

Hook-Up, Separate


Floor Description

Laminate, Wood, Varies by Unit


Fireplace

No


Cooling

Yes


Cooling Description

Central Refrig A/C, Natural Gas, Forced Air, Varies by Unit


Heating

Yes


Heating Description

Central Refrig A/C, Natural Gas, Forced Air, Varies by Unit

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Brick


Roof

Composition/Shingle, Pitched

School Information

High School

Wooster


Elementary School

Booth

Other Property Details

Days on Market

5


Garage

No


Parking

Carport, Varies Per Unit


Parking Total

5


View

No


County

Washoe


Municipality

No


Pool

No


Zoning

MD-RD

 

Courtesy of Marmot Properties, LLC, Laura Kirsch

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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Data last updated 6:40 AM UTC, 10/15/2024

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