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1035 N Sierra St

Reno, NV 89503
  • $1,159,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 240007821
Price Reduced
UPDATED: 109 min ago
$1,159,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Information

Elementary School:
Middle School:
High School:

Description

Prime Multi-Family Infill Lot Near UNR! (MF) zoning districts are eligible for a density BONUS! Therefore this .18-acre flat lot comes with preliminary architectural site plan for 28-unit midrise apartment complex. UNR area has an overlay on this LOT only requiring a 50% parking ratio which shows in the plans. Water & sewer for 13 units already approved, adding significant value. Owner financing available w/interest-only payments at slightly below market rates for a term of approximately three years. 2 CURB CUTS allowing access from Sierra St. And Access from Oak Street. No value given to small existing structure (Tear Down). Current account for sewer and water shows billing for 13 units. Buyer would only have to pay for 15 more.

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Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-20T22:19:52.737.
www.vaulethomes.com/homes/151931951
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1035 N Sierra St Reno, NV 89503

  • Price: $1,159,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 109 min ago
  • MLS #: 240007821
0
Beds
0
Baths
0
½ Baths
0.18
Acres
County:
Washoe
Elementary School:
Elmcrest
Middle School:
Clayton
High School:
Reno
Property Description
Prime Multi-Family Infill Lot Near UNR! (MF) zoning districts are eligible for a density BONUS! Therefore this .18-acre flat lot comes with preliminary architectural site plan for 28-unit midrise apartment complex. UNR area has an overlay on this LOT only requiring a 50% parking ratio which shows in the plans. Water & sewer for 13 units already approved, adding significant value. Owner financing available w/interest-only payments at slightly below market rates for a term of approximately three years. 2 CURB CUTS allowing access from Sierra St. And Access from Oak Street. No value given to small existing structure (Tear Down). Current account for sewer and water shows billing for 13 units. Buyer would only have to pay for 15 more.
Exterior Features

Access Public Access Access Road Paved/Concrete Adjoins Street Corners Marked None Fencing Yes Landscaped None Lot Improvements None Outbuildings No Surface Water None Topography LevelUpslopeGentle View CityMountainYesValley

Property Features

Average Monthly Fee 0 Ccr Restrictions Yes Common Interest Community No Crops None Deed Restrictions Yes Documents On File None Domestic Water City/County on Property Easements Utility Electricity Yeson Property Existing Sewer Septic City/County on Property Horses Okay No Owners May Sell ConventionalCashOwner Carry 1st Sale Lease For Sale Special Condition Of Sale None Utilities At Site Natural GasElectricity Zoning Actual mf30

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of NVG Properties LLC: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-07-20T22:19:52.737.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502