453 Poplar St., Reno, 89512

REDUCED 7% Multi-family - Duplex, Triplex, 4-plex For Sale

$699,000

Beds
Baths
2,280Sqft
¼Acres
1948Built
MLS® #: 180018399
Active

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: $699,000
Square Footage: 2,280
Acres: 0.25
Year Built: 1948
Type: Multi-family
Sub-Type: Duplex, Triplex, 4-plex
Status: Active

Community Information

Address: 453 Poplar St.
Area: Reno-North
City: Reno
County: Washoe
State: NV
Zip Code: 89512

Amenities

Amenities: None
Utilities: Varies per Unit
Features: Smoke Detector, Furnished, Varies Per Unit
Parking Spaces: 6
Parking: Common

Interior

Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
Stories: 3 Story

Exterior

Exterior: Wood Siding, Asbestos
Windows: Varies by Unit
Roof: Asphalt
Construction: Wood Frame
Foundation: Concrete Slab

Additional Information

Date Listed: December 27th, 2018
Zoning: MUUN

Listing Details

Listing Office: DL Realty

Financials

$/SqFt: $307

The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than Sierra Nevada Properties are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

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Listing information last updated on August 26th, 2019 at 3:26am PDT.