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540 Monroe Street, Reno, NV 89509 Photo
540 Monroe Street, Reno, NV 89509 Photo
540 Monroe Street, Reno, NV 89509 Photo
540 Monroe Street, Reno, NV 89509 Photo

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540 Monroe Street
Reno, NV 89509
$769,000
8 Beds | 4 Baths | 3250 sqft | 0.11 Acreage

*Prime Old Southwest Reno/Mid Town Quadruplex* - Exceptional Investment Opportunity- Location: This desirable quadruplex offers an unbeatable Southwest Reno location. The property consists of four, 2-bedroom, 1-bath units, each featuring in-unit laundry and convenient on-site parking. Residents enjoy close proximity to shopping and dining, nearby parks, local amenities and quick access to I-580-making this a highly attractive rental location. All 4 units are currently leased and occupied, providing immediate rental income. This is a well-priced opportunity with a motivated seller, making it ideal for investors seeking strong rental demand in a prime Reno location. Contact us today for more details.

Listed By / Presented By

Listed By

Agency Name: Nevada Real Estate Services by Intero
Agency Phone: 530-913-4311
Agent Name: John A von Brincken
Agent Phone: 530-913-4311

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Presented By

Agent Name: Trisha Jones
Agent Phone: 775.781.2367
Agency Title: Chase International Real Estate

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Contact Agent(s) for More Information

Property Details

Property Type: Multi Unit - Multiple
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Composition
Taxes: $4,041
Year Built: 1989
MLS ID: 260004224

Units

Studio Units:
Bathroom(s): 1
Rent: $1290.00
Square Footage: 813
1 Bedroom Units:
Bathroom(s): 1
Rent: $1225.00
Square Footage: 815
2 Bedroom Units:
Bathroom(s): 1
Rent: $1500.00
Square Footage: 812
3 Bedroom Units:
Bathroom(s): 1
Rent: $1535.00
Square Footage: 850

Feature Descriptions

Appliances: Dryer, Disposal, Dishwasher, Electric Range, Refrigerator, Washer
Construction Type: Site/Stick-Built
Days on Site: 2
Exterior: Wood Siding
Flooring: Carpet, Vinyl, Linoleum
Foundation: Slab
Heating Y/N: Yes
Laundry Features: In Unit
Lot Features: Corner Lot, Level
OtherStructures: None
Owner Pays: Common Area Maintenance, Exterior Maintenance
Parcel #: 014-046-02
Parking: Common
Pool Features: None
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: None
Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Units: 4
Units Furnished: None
Utilities: Cellular Coverage, Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
Water: Public
Window Features: Blinds, Double Pane Windows

Amenities

No Interior Steps

Schools

High School: Reno
Middle School: Swope
Elementary School: Mt. Rose

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Demographics

Estimate My Payments

  • Estimated Payment
    $2,272.50
  • Principal & Interest
    $1,711.46
  • Property Tax
    $336.75
  • Homeowner's Insurance
    $224.29
(Payments are an estimate and may vary by lender)

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