2735 Lakeside DR Drive Save Request In-Person Tour Request Virtual Tour
Reno,NV 89509
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 250001087
Year Built 1950
Annual Tax Amount $2,016
Lot Size 0.510 Acres
Acres 0.51
Lot Dimensions 0.51
Property Description
A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake's scenic walking path, parks, and open space are just steps away, making this an attractive location for tenants and future residents alike., Tenants will enjoy the serene setting while being just minutes from Midtown Reno's vibrant nightlife, dining, and entertainment. The property is also conveniently close to Downtown Reno, the Reno Public Market, and an array of shopping, dining, and cultural attractions while the area's strong rental demand and central location make this an attractive investment for both developers and long-term investors. Whether you envision redevelopment, expansion, or holding for future appreciation, this strategic infill site presents numerous possibilities in one of Reno's most sought-after locations.
Location
State NV
County Washoe
Zoning MF 30
Direction Eastshore Dr
Interior
Heating Forced Air,Natural Gas,Varies By Unit
Cooling Central Air,Refrigerated,Varies By Unit
Flooring Vinyl
Equipment Varies By Unit
Laundry Common Area,In Unit,Varies By Unit
Exterior
Parking Features Attached,Carport,Garage,Varies by Unit
Utilities Available Cable Available,Electricity Available,Internet Available,Natural Gas Available,Phone Available,Sewer Available,Water Available,Cellular Coverage
View Y/N No
Roof Type Composition,Pitched,Shingle
Garage Yes
Building
Lot Description Landscaped
Story 2
Foundation Slab
Water Public
Structure Type Brick,Frame,Metal Siding,Wood Siding
Schools
Elementary Schools Anderson
Middle Schools Swope
High Schools Reno
Others
Tax ID 01923259
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional