For Sale - 200 Talus Way Unit 512

Reno, NV 89503

Reno Single Family Investment

Description

This spacious 4-bedroom, 4-bathroom first floor condo offers luxurious living in a prime location minutes from UNR perfect for students. Each bedroom features its own private bathroom and walk-in closet, providing unparalleled convenience and privacy for residents. The open concept living/kitchen area adds to the appeal, creating a welcoming space for relaxation and entertaining. Recent upgrades include stainless steel appliances and a washer/dryer installed in 2018, replacement of the HVAC system in 2019, and the entire roof replaced in December of 2023. Additionally, the unit comes fully furnished in each bedroom as well as the main living room, offering a turnkey solution for buyers. With its proximity to the University of Nevada, Reno (UNR) and downtown, along with modern amenities and stylish finishes, this condo presents an exceptional opportunity for those seeking upscale living in Northwest Reno, as well as individuals looking to have a rental in a prime location. Rental history at $2,860 ($715 per bedroom) available upon request. HOA fee covers water, trash and exterior building maintenance. Also has a community gym and pool for residents to enjoy! TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. 

Listing Status

ACTIVE

Square Footage

1,386

Gross Ann. Income

$34,320 (pro forma)

Listing Price

$429,000

Price Per SQFT

$309

Bedroom/Bath

4bd/4bth

Year Built

2004

Lot Size

0.031 AC

Type

Single Family

PROPERTY FINANCIALS AND REPORTS BELOW:

SINGLE FAMILY INVESTMENT PROPERTY ANALYSIS (MIPA)

What is a SIPA?

The SIPA is a comprehensive analysis reporting tool for single family investment properties that provides all the pertinent information necessary to make an informed and strategic purchase decision.

FINANCING ANALYSIS (MY LOAN)

What is a My Loan?

My Loan is not a conventional loan chart. It incorporates the cash flow for every interest rate and down payment scenario, allowing the investor to determine the necessary loan-to-value (LTV) and percentage rate to achieve their objectives.

200 Talus (Listing Package)

What is a Listing Package?

The Listing Package is a comprehensive report on the property.


Trevor Richardson

CEO / Broker

Multifamily Specialist

trichardson@addressincome.com

775 233 0754

B.1002905

Jake Andronico

Investment Agent

Single Family

jandornico@addressincome.com

415 233 1796

S.0200197