NV > Reno > Evans Northeast Addition
Reno, NV 89512,442 E 7th ST #1 & 2
Reno, NV 89512,442 E 7th ST #1 & 2
Reno, NV 89512,442 E 7th ST #1 & 2
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Jen Rosser

Jen Rosser

+1(775) 842-0263
$725,000
Est. payment /mo
1,474 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,474 sqft

Price per Sqft $491

Subdivision Evans Northeast Addition

MLS Listing ID 250055789

Year Built 2020

Annual Tax Amount $3,572

Lot Size 1,393 Sqft

Acres 0.03

Lot Dimensions 0.03

Property Sub-Type Duplex

Property Description

Modern and immaculate duplex built in 2020, fully occupied, with strong rental history at an actual 5 percent cap rate. Each unit comes mostly furnished and is leased through December 2025 and February 2026 by tenants with an intention to stay, ensuring secure income for the next owner. Both units feature private balconies, solar power, and private carport parking with garage door openers. Located in a prime area close to the college and downtown, this property offers excellent future potential as either a long-term rental or Airbnb investment. A rare, turn-key opportunity in a sought-after location. This property and the neighboring house at 440 E 7th Street present the perfect portfolio opportunity! At 442 E 7th Street, you have the flexibility to expand your investment and transform the existing home also for sale at 440 E 7th St into a duplex or mirror the same concept as this duplex. An excellent option for investors looking to maximize rental income or grow their portfolio in one location.

Location

State NV

County Washoe

Community Evans Northeast Addition

Area Evans Northeast Addition

Zoning MD-ID

Direction Access through the alley behind the property or the gate off of E 7th St.

Interior

Interior Features Loft, Smart Thermostat

Heating Forced Air, Natural Gas

Cooling Central Air, Refrigerated

Flooring Laminate

Fireplace No

Laundry In Unit

Exterior

Exterior Feature Balcony

Parking Features Alley Access, Assigned, Attached, Carport, Garage Door Opener

Pool None

Utilities Available Cable Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Centralized Data Panel, Water Meter Installed

View Y/N No

Roof Type Asphalt,Composition,Pitched

Porch Patio

Garage Yes

Building

Lot Description Level

Story 2

Foundation Slab

Water Public

Structure Type Frame,Wood Siding

Schools

Elementary Schools Booth

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 007-233-06

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

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Listed by LPT Realty, LLC

Learn More About LPT Realty

Jen Rosser

Jen Rosser

+1(775) 842-0263

Broker Salesperson | License ID: NV BS.0145301, CA 01767283

Broker Salesperson License ID: NV BS.0145301, CA 01767283

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442 E 7th ST #1 & 2