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571 Saint Lawrence Ave

Reno, NV 89509
  • $999,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 240001812
$999,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,580
    SQFT
  • $387
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1939
County:

School Information

Elementary School:
Middle School:
High School:

Description

Seize this rare opportunity to purchase a brick masterpiece in historic Newlands Terrace within walking distance of downtown Reno, along with an accessory unit and an oversized 2-car garage (wall between garages). This would be an outstanding property for investors or owner-occupiers wishing to offset their monthly payment with rental income. OPEN HOUSE on Saturday, April 6 from 1pm to 4pm. Original 1,728 sf, 2 bed/2 bath home offers custom brickwork, an attractive front porch, fine craftsmanship, hardwood floors, and lots of storage space. The sq ft includes basement space. Seller mostly finished basement in 2016. 571 1/2 St. Lawrence is a 1988-built 852 sf, 2 bed/1 bath accessory unit atop a spacious garage. Tons of garage space. Separate access from alley. Original home's wiring has been updated and central air and gas furnaces have been added to both units. New roof in 2009 for original home; new roof in 2021 for the back unit. New furnace in back unit in 2022. New water heater in main home in 2022. Portions of sewer line have been replaced. Enjoy the spacious, pleasant, and private backyard with a large deck and a brick workspace with French doors, slate floors, and radiant heating that could be used for a wide variety of purposes (office, storage, workshop, etc.). The oversized garage has a pass-through door into the backyard making it more convenient for the occupant of the original home. Tenants are on month-to-month leases and pay all utilities except for sewer. Current leases are $2,200 per month for main home and and $1,300 for rear unit. Not at full market rent.

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Northern Nevada Regional MLS logo © 2024 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: 2024-04-04T00:19:59.58.
www.inkrealty.com/homes/147847456
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571 Saint Lawrence Ave Reno, NV 89509

  • Price: $999,000
  • Status: Active
  • On Site: 56 Days
  • MLS #: 240001812
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,580
SQFT
$387
$/SQFT
1939
Built
Neighborhood:
Reno-Old Southwest
County:
Washoe
Area:
Reno-Old Southwest
Elementary School:
Beck
Middle School:
Swope
High School:
Reno
Property Description
Seize this rare opportunity to purchase a brick masterpiece in historic Newlands Terrace within walking distance of downtown Reno, along with an accessory unit and an oversized 2-car garage (wall between garages). This would be an outstanding property for investors or owner-occupiers wishing to offset their monthly payment with rental income. OPEN HOUSE on Saturday, April 6 from 1pm to 4pm. Original 1,728 sf, 2 bed/2 bath home offers custom brickwork, an attractive front porch, fine craftsmanship, hardwood floors, and lots of storage space. The sq ft includes basement space. Seller mostly finished basement in 2016. 571 1/2 St. Lawrence is a 1988-built 852 sf, 2 bed/1 bath accessory unit atop a spacious garage. Tons of garage space. Separate access from alley. Original home's wiring has been updated and central air and gas furnaces have been added to both units. New roof in 2009 for original home; new roof in 2021 for the back unit. New furnace in back unit in 2022. New water heater in main home in 2022. Portions of sewer line have been replaced. Enjoy the spacious, pleasant, and private backyard with a large deck and a brick workspace with French doors, slate floors, and radiant heating that could be used for a wide variety of purposes (office, storage, workshop, etc.). The oversized garage has a pass-through door into the backyard making it more convenient for the occupant of the original home. Tenants are on month-to-month leases and pay all utilities except for sewer. Current leases are $2,200 per month for main home and and $1,300 for rear unit. Not at full market rent.
Exterior Features

Construction Masonry Exterior BrickWood Siding Fenced BackFull Foundation Basement/Finished Landscaped Fully LandscapedYes Parking Capacity 5 Parking Types AttachedDetachedGarageVaries Per Unit Roof Composition/ShinglePitched Sprinklers AutomaticDrip-FullFull SprinklersYes

Interior Features

1 Bedroom Baths 0 1 Bedroom Sq Ft 0 2 Bedroom Baths 3 2 Bedroom Sq Ft 1290 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances DishwasherDisposalDryerMicrowaveOven/RangeRefrigeratorVaries Per UnitWasher Flooring CarpetCeramic TileVaries by UnitVinyl TileWood Heating Cooling Natural GasForced AirProgrammable Thermostat Laundry Varies Per Unit 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 Blinds/ShadesDrapes/CurtainsGarage Door OpenerPatio/DeckSmoke DetectorVaries Per Unit Water Heater Natural Gas Windows Double PaneMetal FrameSingle PaneVaries by UnitWood Frame

Property Features

1 Bedroom Avg Rent Per Unit 0 1 Bedroom Units 0 2 Bedroom Avg Rent Per Unit 1750 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 7915.85 Annual Income And Expenses Actual Annual Vacancy 2100 Apod Available Yes Ccr Restrictions Yes Common Features Alley AccessSatellite DishSecurity LightingStorage Shed Documents On File Rental/Leases Facility Features Separate Heating/CoolingSeparate Meters-ElectricSeparate Meters-WaterSeparate Water HeatersSeparated Meters-GasTenant Pays Utilities Green Feature Double Pane WindowsProgrammable Thermostat Gross Scheduled Income 42000 HUD No Multifamily Type 2 SFR on 1 APN Net Operating Income 34403 Sale Lease For Sale Smart Features Programmable Thermostat Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities CableCity/County WaterCity SewerElectricityNatural GasTelephoneWater Meter InstalledInternet AvailableCellular Coverage Avail Zoning Actual MF14

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Ferrari-Lund Real Estate South: .

Northern Nevada Regional MLS logo © 2024 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: 2024-04-04T00:19:59.58.
 
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5496 Reno Corporate Drive
Reno NV, 89511