747 Willow Street
Property Photo
1 of 2 Photos
Price:
$1,350,000 
MLS #:
260005220
Lot Size:
0.18 Acres - 7,754 Sq Ft
Yr. Built:
1931
Type:
Commercial
Multi Family
Tax/APN #:
012-141-17
Taxes/Yr.:
$2,563
Subdivision:
Shaff`S
Address:
747 Willow Street
Reno, NV 89502
Well priced nine-unit investment property with a proven track record of generating stable income. There are 3 buildings on site: a 5-plex and 2 duplexes. New roofs installed on 5plex and one duplex within the last two years. The close proximity to Midtown and Downtown Reno, I-80 and I-580 freeways, Renown Hospital and the VA Hospital, with only 2.5 miles to the University of Nevada, Reno historically keeps vacancy low. All units have been updated in the last 4 years for easy turnovers. Good tenants, generating over one hundred six thousand dollars in gross rental income. Current rents are below market, providing a new owner the opportunity to raise rents upon lease expiration to significantly increase income. Fantastic opportunity for entry level buyers and seasoned investors alike. Self-managed CAP rate is over six percent. Call listing agent for APOD info. Tenant occupied - please do not disturb them.
Listing offered by:
Jacqueline Lescott - License# S.187479 with Dickson Realty - Downtown - 775-324-7000.
Map of Location:
Data Source: Listing data provided courtesy of: Northern Nevada Regional MLS (Data last refreshed: 05/01/26 11:08am) - 2

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