453 Poplar St., Reno

$730,000

0 Beds
0 Baths
2,280 Sqft
¼ Acres
0 Garages

UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex "valued" at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land "valued" at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

Essential Information
MLS® #180018399
Price$730,000
Square Footage2,280
Acres0.25
Year Built1948
TypeMulti-family
Sub-TypeDuplex, Triplex, 4-plex
StatusActive
Community Information
Address453 Poplar St.
AreaReno-North
CityReno
CountyWashoe
StateNV
Zip Code89512
Amenities
AmenitiesNone
UtilitiesVaries per Unit
Parking Spaces6
ParkingCommon
Features

Smoke Detector, Furnished, Varies Per Unit

Interior
Stories3 Story
Appliances

Dryer, Dishwasher, Microwave, Oven/Range, Refrigerator, Washer

Exterior
ExteriorWood Siding, Asbestos
WindowsVaries by Unit
RoofAsphalt
ConstructionWood Frame
FoundationConcrete Slab
Additional Information
Date ListedDecember 27th, 2018
ZoningMUUN
Listing Details
OfficeDL Realty
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Listing information last updated on May 31st, 2020 at 10:56pm PDT.