Description
Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal. Strategically located in a vibrant, walkable neighborhood, you are merely minutes from popular dining, shopping, and entertainment venues, while offering quick access to transit and major thoroughfares. With strong rental demand in Midtown, this property is perfectly poised for investors looking to reposition an established asset into a premier income-producing portfolio. Whether you’re looking to implement cosmetic upgrades or more extensive renovations, the potential to boost cash flow and property value is significant. Don’t miss your chance to transform this gem into a standout investment in one of Reno’s most dynamic neighborhoods.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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5,440SQFT
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$275$/SQFT
Description
Introducing an exceptional value-add opportunity in the heart of Midtown Reno, an 8-plex brimming with potential. Built in 1971, this solid multi-family asset features eight one-bedroom units averaging approximately 675 square feet each. Each unit benefits from individual utility metering and functional layouts that can be modernized to capture higher rents and elevate tenant appeal. Strategically located in a vibrant, walkable neighborhood, you are merely minutes from popular dining, shopping, and entertainment venues, while offering quick access to transit and major thoroughfares. With strong rental demand in Midtown, this property is perfectly poised for investors looking to reposition an established asset into a premier income-producing portfolio. Whether you’re looking to implement cosmetic upgrades or more extensive renovations, the potential to boost cash flow and property value is significant. Don’t miss your chance to transform this gem into a standout investment in one of Reno’s most dynamic neighborhoods.
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