About 1101 E Taylor Street
Charming turnkey multifamily investment near Midtown Reno. This well-maintained property is a rare find in the highly sought-after Reno market. Featuring six spacious 2 bed / 1 bath units, it’s an ideal opportunity for investors seeking hassle-free ownership and long-term stability., Currently managed by a skilled and reliable property manager who is available to stay on post-sale, this is a truly streamlined investment. With a slight adjustment in rents, the property can reach a 5% annual return (cap rate), making it a strong performer in today’s market. Built in 1962 and offering a total of 4,760 square feet, the property generates a solid gross annual income of $105,319. Its proximity to Midtown Reno adds to the appeal for tenants and investors alike. For a comprehensive marketing package and detailed investment summary, please contact us directly. Don’t miss this fantastic opportunity to add a quality asset to your portfolio.
Features of 1101 E Taylor Street
MLS® # | 250004216 |
---|---|
Price | $1,750,000 |
Bathrooms | 0.00 |
Acres | 0.20 |
Year Built | 1962 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 1101 E Taylor Street |
---|---|
Area | 89502 |
City | Reno |
County | Washoe |
State | NV |
Zip Code | 89502 |
Amenities
Utilities | Cellular Coverage, Internet Available, Water Meter Installed, Electricity Available, Natural Gas Available, Sewer Available |
---|---|
Parking Spaces | 10 |
Parking | Assigned |
Has Pool | No |
Interior
Heating | Electric, ENERGY STAR Qualified Equipment, Forced Air, Wall Furnace |
---|---|
Cooling | Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s) |
Fireplace | No |
# of Stories | 2 |
Exterior
Windows | Vinyl Frames, Blinds, Double Pane Windows, ENERGY STAR Qualified Windows |
---|---|
Roof | Flat, Membrane |
Construction | Brick |
Foundation | Crawl Space |
Additional Information
Date Listed | April 3rd, 2025 |
---|---|
Zoning | MF14 |
Short Sale | No |
RE / Bank Owned | No |
Horse Property | N |
Listing Details
Office | Address Income |
---|