243 Claremont Active

Reno,NV 89502

$ 525000

2 Beds

1 Bath

659 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 659 sqft

Price per Sqft $796

Subdivision Terrace Tract

MLS Listing ID 250005262

Bedrooms 2

Full Baths 1

Year Built 1940

Annual Tax Amount $300

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 0.15

Property Sub-Type Single Family Residence

Property Description

This versatile property spans 131.69 feet x 50 feet, running north to south from Claremont St to Burns St, offering both residential living and commercial potential. Located at 248 Burns St is a charming 2 bedroom, 1 bathroom home with garage, currently generating $1,500 per month in rental income. At the rear of the property, accessible from 243 Claremont St, you'll find a spacious 700 sq ft light industrial shop that brings in an additional $1,600 per month., Together, these units provide a total monthly rental income of $3,100. Recent improvements include a new fence installed between the property and the adjacent car wash, plus a concrete approach being added on the Claremont St side. Please note that the neighboring car wash is not included in this sale. Perfect for investors seeking steady rental income or owner-occupants wanting a home with commercial potential, this unique property offers flexibility and value in one complete package.

Location

State NV

County Washoe

Community Terrace Tract

Area Terrace Tract

Zoning GC

Direction Wells Ave / Claremont - Wells Ave Burns

Rooms

Family Room None

Other Rooms None

Dining Room None

Kitchen Built-In Dishwasher

Interior

Interior Features Walk-In Closet(s)

Heating Natural Gas

Flooring Tile

Fireplace No

Appliance Electric Cooktop

Laundry In Kitchen

Exterior

Garage Spaces 1.0

Utilities Available Electricity Available,Natural Gas Available,Sewer Available,Water Available

Amenities Available None

View Y/N No

Roof Type Composition,Pitched,Shingle

Total Parking Spaces 1

Building

Lot Description Landscaped,Level

Story 1

Foundation Crawl Space

Water Public

Structure Type Asbestos

Schools

Elementary Schools Veterans

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 01322211

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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