1560 Mill Street, Reno, NV, USA

$ 2,800,000.00

1560 Mill Street, Reno, NV, USA
  • Bedrooms:
    21
  • Bathrooms:
    21
  • Floors:
    2
  • Area:
    .367 acres
  • Lot size:
    8520 sq ft
  • Year built:
    1956
  • Status:
  • Type:
  • CAP:
    5.38%
  • APN:
    013-052-04
  • Heat Type:
    Wall Furnace
  • Exterior Walls:
    Stud-Asph
  • Sec. Exterior Walls:
    Concrete Block
  • Frame:
    Wood/Steel
  • Zoning:
    MUWM
  • Water:
    Municipal
  • Sewer:
    Municpal
  • Street:
    Paved
  • Land Use:
    10+ Units

Description

Recently renovated 20-unit property near Renown Medical Center available.  The location has an onsite office that can easily be converted to a studio unit.

 

Originally purposed as housing for Veteran’s, in 2019 it was determined to convert to a Market Rate Property. Existing Section 8 Voucher tenant’s maximum allowable rent is $954.00 with utilities included and month to month leases. Market rate units are rented at $950.00 + $35.00 to $50.00 utility reimbursement. Market rate tenants are required to provide electricity service with NV Energy directly. Landlord provided utilities include water, sewer, trash removal, basic cable, and internet.

 
Download a PDF a copy of Offering Memorandum
 
Location

 

1560 Mill Street

Features

Features:

  • Appliances
  • Asphalt Slurry (2018)
  • Bath fixtures
  • Exterior Lighting
  • Exterior paint
  • Kitchen Cabinets
  • Laundry Room Refresh
  • Mailboxes
  • New windows
  • Tile Flooring
Amenities:

  • 2 Miles to Reno Tahoe International Airport
  • Bus Routes 9 and 14
  • Easy access to 580/395 I-80
  • Just over 1 mile east of midtown shopping and restaurants
  • Steps away from Renown Medical Center campus

Agent

Agent profile image

Properties Qty: 1



Rating:

Debbie Warner
775-200-1121


debbiewarner@gastonwilkerson.com


http://www.gastonwilkerson.com

Broker License: B.1002188


Excellent

This style property is located in is currently and has been listed on Gaston & Wilkerson. This property is listed at $ 2,800,000.00. It has 21 bedrooms, 21 bathrooms, and is .367 acres. The property was built in 1956 year.