99 Bartlett
Multifamily | 5.85% CAP | Reno, NV
Marketing description
Opportunity to own two units with a bonus detached living space that could be used to generate additional income utilizing the space as a rental, short-term rental, or owner occupier, multi-gen living, or an art studio. 5.85% cap rate with in place rents on the two units, more income easily attainable by renting the separate studio unit. The property has been meticulously maintained, with recent HVAC servicing, and jetted sewer line. The main house is 2 beds, 1 bath and 828 sqft. The garage has been converted into a modern and efficient studio that has very little vacancy. The detached bonus unit is a cleverly designed studio space with its own HVAC and water heater. There is an attached RV pad with full hookups that historically brings in additional income. The property is within minutes to the University of Nevada Reno campus and there are parking spaces for 6, with dedicated City of Reno passes. Property is tenant occupied, please do not disturb the tenants.
Investment highlights
Fully Remodeled with Modern Finishes
Large Lot with RV Parking and Hookups
Minutes to the University of Nevada, Reno.
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