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425 & 427 Crampton St

Reno, NV 89502
  • $899,000
  • STATUS: Active
  • ON SITE: 153 Days
  • MLS #: 230007612
UPDATED: 28 min ago
$899,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,830
    SQFT
  • $491
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2015
County:

School Information

Elementary School:
Middle School:
High School:

Description

425 & 427 Crampton St is a remarkable real estate investment opportunity located in the vibrant city of Reno, NV This duplex constructed in 2015 presents an exceptional opportunity with a stable tenant in place that has been in place for a year and has also signed a new 2 year lease. Each unit is a 2 bed 2 bath unit with modern finished, fenced yard and a 1 car garage. The tenant subleases the units as short term rentals and covers all building expenses except for property taxes. Both units have been meticulously maintained, ensuring a high level of tenant satisfaction. With modern amenities,comfortable living spaces, and appealing décor, these units attract a diverse range of short term rental guests and always stays occupied. Great investment opportunity for those looking to generate stable income. Don't miss the chance to capitalize on Reno's flourishing real estate market.Contact us today to schedule a viewing! .08 acre adjacent lot is available for $195K

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Northern Nevada Regional MLS logo © 2023 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ink Realty. Real estate listings held by brokerage firms other than Ink Realty 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 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-11T07:20:15.78.
www.inkrealty.com/homes/141351656
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425 & 427 Crampton St Reno, NV 89502

  • Price: $899,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 28 min ago
  • MLS #: 230007612
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1,830
SQFT
$491
$/SQFT
2015
Built
Neighborhood:
Reno-Southeast
County:
Washoe
Area:
Reno-Southeast
Elementary School:
Veterans
Middle School:
Vaughn
High School:
Wooster
Property Description
425 & 427 Crampton St is a remarkable real estate investment opportunity located in the vibrant city of Reno, NV This duplex constructed in 2015 presents an exceptional opportunity with a stable tenant in place that has been in place for a year and has also signed a new 2 year lease. Each unit is a 2 bed 2 bath unit with modern finished, fenced yard and a 1 car garage. The tenant subleases the units as short term rentals and covers all building expenses except for property taxes. Both units have been meticulously maintained, ensuring a high level of tenant satisfaction. With modern amenities,comfortable living spaces, and appealing décor, these units attract a diverse range of short term rental guests and always stays occupied. Great investment opportunity for those looking to generate stable income. Don't miss the chance to capitalize on Reno's flourishing real estate market.Contact us today to schedule a viewing! .08 acre adjacent lot is available for $195K
Exterior Features

Construction Wood Frame Exterior Wood Siding Fenced BackPartial Foundation Concrete Slab Landscaped Partially Landscaped Parking Capacity 2 Parking Types GarageAttached Roof Composition/Shingle Sprinklers None

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 2 2 Bedroom Sq Ft 915 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/RangeDisposalDishwasherMicrowaveWasherDryer Flooring Ceramic TileConcrete Heating Cooling Central Refrig A/CNatural GasForced Air Laundry Hall Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features BalconyGarage Door OpenerSmoke Detector Water Heater Natural Gas Windows Double PaneVinyl Frame

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 2050 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 7920 Annual Income And Expenses Actual Annual Vacancy 0 Apod Available Yes Ccr Restrictions No Common Features None Documents On File Financial StatementsRental/Leases Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-WaterSeparate Water HeatersSeparate Heating/CoolingTenant Pays Utilities Green Feature Double Pane Windows Gross Scheduled Income 53400 HUD No Multifamily Type DuplexTriplex4-Plex Net Operating Income 45480 Owners May Sell Exchange 1031ConventionalCash Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCity SewerElectricityPropane Zoning Actual Gc

Northern Nevada Regional MLS logo © 2023 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Lpt Realty, Llc: .

Northern Nevada Regional MLS logo © 2023 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Ink Realty. Real estate listings held by brokerage firms other than Ink Realty 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 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 and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-12-11T07:20:15.78.
 
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Ink Realty
5496 Reno Corporate Drive
Reno NV, 89511