1036 Bell St

5,160 Sq. Ft.
$184 / Sq. Ft.
5,160
Sq. Ft.
$184
per Sq. Ft.

Description

Great community feel nestled close to the University area. This rare 7 unit brick exterior consists of 6 one bedrooms, and 1 two bedroom units all rented below market rates. With its desirable location, the units have rented very quickly to have low vacancy losses. Great property for the first or second time investor. Listing price reflects a 5.6cap rate. Seller willing to finance the right buyer.Great community feel nestled close to the University area. This rare 7 unit brick exterior consists of 6 one bedrooms, and 1 two bedroom units all rented below market rates. With its desirable location, the units have rented very quickly to have low vacancy losses. Great property for the first or second time investor. Listing price reflects a 5.6cap rate. Seller willing to finance the right buyer.
  1. Listed by Batuhan Zadeh • Marmot Properties, LLC

Property Details for 1036 Bell Street

Zoning Actual
MF30
Total Parking Capacity
9
LISTING CLOSED: 08/13/2020 05:00 PM

Property Details for 1036 Bell Street

StatusSold
MLS #200003476
Days on Compass147
Taxes$3,006 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1973
Lot Size0.16 AC / 6,969 SF
CountyWashoe County

Location

Listing Courtesy of Marmot Properties, LLC, Batuhan Zadeh, License #11311

Sold By RE/MAX Professionals, Donal Minihan, License #9572

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Building Information for 1036 Bell Street

Stories2Residences-Year Built1973Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$5,079 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,829

Property Taxes

$251

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1036 Bell Street

Summary
Location and General Information
  • Area: Reno-Old Northwest
  • Zip: 89503
  • Geo Latitude: 39.537062
  • Geo Longitude: -119.824444
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 1036 Bell St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1036 Bell Street
  • County: Washoe
  • Xstreet/Directions: W 11th St
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: Yes
  • Sliding Scale: No
  • Taxes $: $3,005.73
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1973.0
  • Acreage: 0.16
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00714314
  • Complex Name: None
  • Gross Square Footage: 5160.0
Property and Assessments
  • Documents On File: None
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 00714314
  • Construction: Wood Frame
  • Assessment $: $.00
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 03-15-2020
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Forced Air
  • Water Heater: Natural Gas, Varies by Unit
  • Windows: Single Pane, Varies by Unit
  • Facility Features: Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas
  • Common Features: None
  • Unit Features: Varies Per Unit
  • Appliances: Varies Per Unit
  • Laundry: Common
  • Flooring: Varies by Unit
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Brick
  • Roof: Flat
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas
  • Landscaped: None
  • Sprinklers: None
  • Fenced: Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 6
  • 1 Bedroom - SqFt/Unit: 600
  • 1 Bedroom - Avg Rent/Unit: 820
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 1
  • 2 Bedroom - SqFt/Unit: 750
  • 2 Bedroom - Avg Rent/Unit: 1000
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 1
  • # Units: 7
  • Stories: 2 Story
Income & Expenses
  • Income Info w/h: No
  • Annual Expenses: $12,000.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $71,040.00
  • Net Operating Income: $59,040.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 147
  • DOMLS: 147
  • Cumulative DOM: 260
  • Cumulative DOMLS: 259
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Batuhan Zadeh
  • Contact Phone: 775-313-1544
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Leases

Property History for 1036 Bell Street

DateEvent & SourcePriceAppreciation
Aug 13, 2020

Sold

NNRMLS #200003476

$950,000
Jun 24, 2020

Pending

NNRMLS #200003476

Mar 14, 2020

Listed (Active)

NNRMLS #200003476

$1,050,000
DateEvent & SourcePrice
08/13/2020

Sold

NNRMLS #200003476

$950,000
06/24/2020

Pending

NNRMLS #200003476

03/14/2020

Listed (Active)

NNRMLS #200003476

$1,050,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1036 Bell Street

Taxable ValueLand$82,705Additions$45,806Total$128,511
Tax Record2025$4,350 ($363 / month)
Home Facts
Baths7Total Finished SqFt5,160 SqFtAbove Grade Finished SqFt5,160 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973ZoningMF30CountyWASHOEAPN007-143-14

Schools near 1036 Bell Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Peavine Elementary School
PublicPK to 5

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marmot Properties, LLC, Batuhan Zadeh, License #11311

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.