2285 Patton Dr Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89512
Key Details
Property Type Multi-Family
Sub Type Duplex, Triplex, 4-Plex
Listing Status Active
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $203
Subdivision Nv
MLS Listing ID 250002432
Bedrooms 8
Year Built 1963
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex, Triplex, 4-Plex
Property Description
Turnkey 4-Plex Investment Opportunity – 6% CAP Rate! Don't miss this renovated 4-plex, featuring four 2-bed, 1-bath units, all updated in 2024. Situated in a prime central location, this property is fully leased and generating strong cash flow, offering a rare 6% CAP rate in today's market. The concrete block exterior ensures low-maintenance durability, while ample front and street parking adds convenience for tenants. Additionally, a detached laundry facility—currently not in operation—presents an opportunity to add even more value and amenities. This is a fantastic turnkey investment, don't miss out on this income-producing property!
Location
State NV
County Washoe
Zoning MF30
Interior
Heating Natural Gas
Cooling Natural Gas
Flooring Laminate
Appliance Refrigerator,Oven/Range
Laundry Separate,Hook-Up
Exterior
Exterior Feature Brick
Fence Varies Per Unit
Utilities Available City/County Water,Electricity,Natural Gas,Telephone,Water Meter Installed
Roof Type Flat
Total Parking Spaces 6
Building
Story 2 Story
Foundation Concrete Slab
Water Electric
Level or Stories 2 Story
Structure Type Masonry
Schools
Elementary Schools Cannan
Middle Schools Traner
High Schools Hug
Others
Tax ID 00409306
SqFt Source 3432
Special Listing Condition None