1111 Strand, Reno, NV 89503
1111 Strand, Reno, NV 89503
1111 Strand, Reno, NV 89503
1111 Strand, Reno, NV 89503
1111 Strand, Reno, NV 89503
1111 Strand, Reno, NV 89503
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$ 689,000
Est. payment | /mo

3 Beds

1 Bath

2,241 SqFt


Save
$ 689,000
Est. payment | /mo
Save

3 Beds

1 Bath

2,241 SqFt

Key Details

Property Type Manufactured Home

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,241 sqft

Price per Sqft $307

Subdivision University Terrace

MLS Listing ID 260002060

Bedrooms 3

Year Built 1948

Annual Tax Amount $1,822

Lot Size 6,500 Sqft

Acres 0.15

Lot Dimensions 0.15

Property Sub-Type Triplex

Property Description

CONTACT LISTING AGENT FOR AVAILABLE SHOWING TIME. PLEASE DO NOT DISTURB TENANTS. This triplex presents an excellent investment opportunity just a couple of blocks from University of Nevada, Reno. With three distinct units designed for comfort and functionality, the property offers flexible living options for tenants or multi-generational use. A new 30-year roof was installed in 2024, along with new exterior paint and new fencing on the west side yard, adding to the property's overall value and appeal. Unit C is a cozy 2-bedroom, 1-bath unit featuring a mix of modern laminate flooring and plush carpet, with a spacious layout ideal for roommates or small households. Unit A is a large 1-bedroom, 1-bath unit with new laminate flooring in the main living area, carpet in the bedroom, an updated kitchen, and added ingress and egress for improved functionality. Unit B is a spacious studio with a full kitchen and bathroom, offering enough room for both living and sleeping areas. A new heat pump provides efficient year-round heating and cooling. Each unit is thoughtfully designed to accommodate a variety of living needs, making this property a strong investment opportunity in a highly desirable location.

Location

State NV

County Washoe

Community University Terrace

Area University Terrace

Zoning MF14

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Heat Pump, Natural Gas

Cooling Central Air, Heat Pump, Refrigerated, Varies By Unit

Flooring Luxury Vinyl

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Laundry Varies By Unit

Exterior

Exterior Feature Awning(s), Rain Gutters

Parking Features Carport, Common, Parking Pad, None

Pool None

Utilities Available Cable Available, Electricity Available, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Water Meter Installed

View Y/N No

Roof Type Composition,Pitched,Shingle

Porch Patio

Garage No

Building

Lot Description Landscaped, Level

Story 2

Foundation Slab

Water Public

Structure Type Stucco

Schools

Elementary Schools Elmcrest

Middle Schools Clayton

High Schools Mcqueen

Others

Tax ID 007-112-11

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listed by Dickson Realty - Damonte Ranch

Schools and Properties Nearby

Peter Carr

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1111 Strand