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3976 Neil Road

Reno, NV 89502
  • $850,000
  • STATUS: Pending
  • ON SITE: 23 Days
  • MLS #: 250057485
Pending
UPDATED: 97 min ago
$850,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1978
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

This 4-plex has been completely remolded about 7 years ago from LVP flooring, cabinets, baseboards heaters, appliance, ac wall units, new Pella windows. The property is fully occupied and brings in 5000 plus 236 a month for utility reimbursement for sewer and trash every month. The gross cap rate is 7.3 percent before expenses. (pictures of the units are before tenants occupied)

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Northern Nevada Regional MLS logo © 2025 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: 2025-11-17T00:19:37.113.
www.vaulethomes.com/homes/169237175
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3976 Neil Road Reno, NV 89502

  • Price: $850,000
  • Status: Pending
  • On Site: 23 Days
  • Updated: 97 min ago
  • MLS #: 250057485
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1978
Built
Neighborhood:
89502
County:
Washoe
Area:
89502
Elementary School:
Smithridge
Middle School:
Pine
High School:
Damonte
Property Description
This 4-plex has been completely remolded about 7 years ago from LVP flooring, cabinets, baseboards heaters, appliance, ac wall units, new Pella windows. The property is fully occupied and brings in 5000 plus 236 a month for utility reimbursement for sewer and trash every month. The gross cap rate is 7.3 percent before expenses. (pictures of the units are before tenants occupied)
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Deck Yes Exterior Features None Foundation Details Crawl Space Parking Features Assigned Patio Yes Patio And Porch Features PatioDeck Pool Features None Roof CompositionPitchedShingle Spa Features None Window Features Double Pane WindowsVinyl Frames

Interior Features

Accessibility Features [] Appliances DishwasherDisposalElectric RangeMicrowaveRefrigeratorWasher Building Area Total 3712 Common Walls [] Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring Vinyl Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(s) Laundry Features Varies By Unit Levels Two Unit1 Baths Total 1 Unit2 Baths Total 1 Units Furnished None

Property Features

Association Amenities [] Association Fee Includes [] Buyer Financing [] Fencing Back Yard Green Energy Generation [] Green Water Conservation [] Listing Terms CashConventionalFHAVA Loan Lot Features Level Other Equipment [] Other Structures None Owner Pays WaterSewer Property Sub Type Quadruplex Road Frontage Type [] Road Responsibility [] Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 2073.84 Tenant Pays TelephoneGasElectricityCable TV Unit Type Type [] Unit1 Actual Rent 1100 Unit1 Unit Type 1 Bedroom Unit2 Actual Rent 1200 Unit2 Unit Type 2 Bedroom Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedWater Meter Installed Water Source Public Waterfront Features [] Zoning MF30

Northern Nevada Regional MLS logo © 2025 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Chase International-Damonte: .

Northern Nevada Regional MLS logo © 2025 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: 2025-11-17T00:19:37.113.
 
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Vaulet Group Real Estate at RE/MAX
5905 S. Virginia St. Suite 300
Reno NV, 89502