Active

214 Stewart St

Reno NV, 89501

$1,250,000


$505.05 per sqft

Active

5 Baths

2,475 sqft

Multi-family

Built in 1926

Welcome to "The Victorian House" at 214 Stewart, a meticulously renovated Victorian home transformed into a charming five-unit apartment building. Nestled between the vibrant districts of midtown and downtown, this property enjoys prime positioning, offering easy access to key cultural attractions and bustling city life, ensuring a high demand from tenants. This exquisite property comprises two studio units and three one-bedroom units, with two of the studios and one one-bedroom unit presented fully furnished, ready for immediate occupancy. The seller has spared no expense in the permitted renovation, stripping the building down to the studs and meticulously refurbishing it to achieve its current splendid condition. "The Victorian House" masterfully blends period charm with modern touches, creating an appealing and comfortable living environment that attracts high-quality tenants and commands top market rents. The kitchens in each unit are finished with timeless elegance, featuring full wall subway tile backsplashes and carrara quartz countertops that speak to the property's sophisticated aesthetic. Comfort is paramount, with each unit equipped with its own dedicated minisplit heat pump system, providing efficient cooling and heating to ensure tenant satisfaction throughout the seasons. The landlord covers all utilities excluding electricity which is sub-metered for each individual unit using Emporia Energy technology and paid for by the respective tenants. The property features four dedicated exterior spaces that are private to the tenants of units 1, 2 and 3. The property features common areas including the front patio, hallway, stairs to the second floor and basement (which the landlord permits tenants to store additional personal property in). The property is set-up for easy remote management with every single door knob wifi enabled on the house internet allowing the landlord to grant vendors codes as needed to open doors in the property. Each unit is also well-appointed with essential appliances including washers, dryers, refrigerators, cook surfaces, and microwaves, ensuring all the comforts of modern living are at hand. "The Victorian House" is not just a building; it's a turnkey investment opportunity already operating at an exceptional standard. This property offers not only immediate cash flow but also potential for significant appreciation in the thriving Reno market. For more information, potential financing options, or to explore the property further, including financials, property inspection details, disclosures, and a 3D Matterport walkthrough model, please reach out to the listing agent. This is a rare opportunity to own a piece of Reno's heritage with the modern conveniences and income potential that today's investors seek.

240010908

MLS ID

August 23, 2024

Listed

October 1, 2024

Updated

Map

214 Stewart St
Reno NV, 89501

Interior Features

Total Bathrooms

5


Half Bathrooms

5


Appliances

Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Varies Per Unit


Laundry Description

Separate


Floor Description

Ceramic Tile, Laminate, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Refrig A/C, Electric, Heat Pump, Programmable Thermostat


Heating

Yes


Heating Description

Central Refrig A/C, Electric, Heat Pump, Programmable Thermostat

Exterior/Building Features

Lot Size

0.08 Acres


Exterior Features

Wood Siding


Roof

Composition/Shingle, Pitched

School Information

High School

Wooster


Elementary School

Mount Rose

Other Property Details

Days on Market

5


Garage

No


Parking

Tandem, Common


Parking Total

2


View

No


County

Washoe


Municipality

No


Pool

No


Zoning

MU-MC

 

Courtesy of TrueNest Properties, Wesley Pittman

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

©2024 Northern Nevada Regional MLS. All rights reserved.

Data last updated 8:42 PM UTC, 10/1/2024

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