Active

540 W 2nd St

Reno NV, 89503

$1,250,000


$305.40 per sqft

Active

5 Baths

4,093 sqft

Multi-family

Built in 1914

Unique opportunity to own a newly renovated, fully furnished, 4 unit building located blocks from downtown Reno. Units have high ceilings, appliances, tasteful decor, and lots of charm. The fully landscaped outdoor space features a hot tub, artificial grass, lighting, and covered awnings. New heating and cooling systems were installed in 2017. This property has tons of historical character, with modern upgrades and finishing. The owners have meticulously curated almost every aspect of the building, and the running of their rental business. Most of the building is rented out for short term occupants, who consistently leave 5 star reviews. There is also one long term month-to-month tenant. A slew of resources are available to the next owner, if needed, including a staff who takes care of reservation and cleaning. The building has a built in hospitable reputation.

240005321

MLS ID

May 7, 2024

Listed

September 13, 2024

Updated

Map

540 W 2nd St
Reno NV, 89503

Interior Features

Total Bathrooms

5


Half Bathrooms

1


Appliances

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


Laundry Description

Hall, Common, Varies Per Unit


Floor Description

Carpet, Laminate, Sheet Vinyl, Wood, Varies by Unit


Fireplace

No


Cooling

Yes


Cooling Description

Air Unit, Electric


Heating

Yes


Heating Description

Air Unit, Electric

Exterior/Building Features

Lot Size

0.16 Acres


Exterior Features

Vinyl Siding


Roof

Composition/Shingle, Pitched

School Information

High School

Reno


Elementary School

Hunter Lake

Other Property Details

Days on Market

90


Garage

Yes


Parking

Garage, Detached, Common


Parking Total

4


View

No


County

Washoe


Municipality

No


Pool

No


Zoning

MUDR

Listing History

Date

Event

Price

5/30/2024

Price change

$1,250,000

-8%

 

Courtesy of Keller Williams Group One Inc., Brandon Hapin

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.

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Data last updated 12:10 PM UTC, 9/13/2024

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