1263 E 7th St

Reno, NV 89512

$475,000
Last Sold Price
14
Beds
14
Baths
7,168 Sq. Ft.
$66 / Sq. Ft.
7,168
Sq. Ft.
$66
per Sq. Ft.
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Closed 9/28/12
Closed 9/28/12
Photo 1

Description

Excellent condition, built in 2006. Incredible opportunity to own rental units within 1.25 miles of the new baseball stadium near downtown Reno. Tandem garages on ground level. Kitchen, living area & half bath on 2nd level. 2 bedrooms, full bath & laundry on 3rd level. Each unit separately metered & has central a/c. 2 duplex units & 1 tri-plex unit. Possible to subdivide. Excellent investment opportunity. Please do not disturb tenants.Excellent condition, built in 2006. Incredible opportunity to own rental units within 1.25 miles of the new baseball stadium near downtown Reno. Tandem garages on ground level. Kitchen, living area & half bath on 2nd level. 2 bedrooms, full bath & laundry on 3rd level. Each unit separately metered & has central a/c. 2 duplex units & 1 tri-plex unit. Possible to subdivide. Excellent investment opportunity. Please do not disturb tenants.
  1. Listed by Brenda Rodie • Solid Source Realty
    P: (775)-843-5878 brendarodie@yahoo.com

Property Details for 1263 East 7th Street

Zoning
multi-family
LISTING CLOSED: 09/28/2012 12:00 AM

Property Details for 1263 East 7th Street

StatusClosed
MLS #120001389
Days on Compass241
Taxes$7,200 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.27 AC / 11,761 SF
CountyWashoe County
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Location

Listing Courtesy of Solid Source Realty, Brenda Rodie, License #S.61054

Sold By Ferrari-Lund R.E. Sparks, Tim Lambdin, License #BS.7450

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Building Information for 1263 East 7th Street

Stories3Residences7Year Built2006Building Size-Lot Size0.27 AC / 11,761 SF

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$3,014 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,414

Property Taxes

$600

HOA Dues

$0

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Property Information for 1263 East 7th Street

Summary
Location and General Information
  • Directions: Sutro to E 7th, south of freeway
  • Address:Parcel Number: 00833106
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $7,200
  • Tax Legal:Tax Annual Amount: $7,200
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: multi-family
  • Tax Legal:Directions: Sutro to E 7th, south of freeway
  • AssociationCommunity:Number Of Buildings: 3.0
Parking
  • Attached Garage YN: No
  • Parking Features: Garage, Garage Door Opener, Under Building
  • Parking Total: 21.0
  • Parking Information:Parking Total: 21.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Under Building: Yes
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Square Feet: 11761.2
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 7168.0
  • Lot:Lot Size Acres: 0.27
  • Lot:Lot Size Square Feet: 11761.2
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 00833106
  • Possession: Close Of Escrow
  • Road Frontage Type: Private Road
  • Road Responsibility: Private Maintained Road
  • Property Type: Residential Income
  • Year Built: 2006
  • Number Of Buildings: 3
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Responsibility:Private Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Gas: Yes
  • Water Heater:Tankless: Yes
  • Water Source:Public: Yes
  • Meter Information:Separate Meters YN: Yes
  • Meter Information:Separate Electric Meters YN: Yes
  • Meter Information:Separate Gas Meters YN: Yes
  • Meter Information:Separate Water Meters YN: Yes
  • Meter Information:Separate Water Heaters YN: Yes
  • Meter Information:One Primary Electric Meter YN: No
  • Meter Information:One Primary Gas Meter YN: No
  • Meter Information:One Primary Water Meter YN: Yes
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Patio, Deck
  • Stories: 3
  • Construction Materials: Frame, Wood Siding
  • Exterior Features: Balcony
  • Fencing: Full
  • Foundation Details: Slab
  • Other Equipment: Air Purifier
  • Roof: Composition, Pitched, Shingle
  • Security Features: Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Low-Emissivity Windows, Vinyl Frames
  • Building:Number Of Units Total: 7.0
  • Building:Stories: 3.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Fencing:Full: Yes
  • Foundation Details:Slab: Yes
  • Other Equipment:Air Purifier: Yes
  • Outdoor Living Spaces:Deck: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Security Features:Security Lights: Yes
  • Security Features:Security System: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:Automatic: Yes
  • Sprinklers:Drip System: Yes
  • Sprinklers:Front: Yes
  • Sprinklers:Rear: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Low-Emissivity Windows: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Central Air, Refrigerated
  • Cooling YN: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Laundry Features: In Hall, Washer Hookup
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Interior:Building Area Total: 7168.0
  • Interior:Building Area Source: Owner
  • Cooling:Central Air: Yes
  • Cooling:Refrigerated: Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Wood: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:In Hall: Yes
  • Laundry Features:Washer Hookup: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $16,350
  • Gross Scheduled Income: $53,340
  • Net Operating Income: $36,990
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $53,340
  • Income and Expenses:Net Operating Income: $36,990
  • Income and Expenses:Total Annual Expenses: $16,350
  • Income and Expenses:Vacancy Allowance: $600
Multi Family Information
  • Number Of Units Total: 7
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pet Information:Pets Comments: Pet Restrictions
  • Tenant Pays:All Utilities: Yes

Property History for 1263 East 7th Street

DateEvent & SourcePriceAppreciation
Sep 28, 2012

Sold

NNRMLS #120001389

$475,000—
Aug 22, 2012

Sold (Public Record)

Public Record #338830091

$475,000

+20.4% / yr

Jul 6, 2012

Pending

NNRMLS #120001389

—
DateEvent & SourcePrice
09/28/2012

Sold

NNRMLS #120001389

$475,000
08/22/2012

Sold (Public Record)

Public Record #338830091

$475,000

+20.4% / yr

07/06/2012

Pending

NNRMLS #120001389

—

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

Public Records for 1263 East 7th Street

Taxable ValueLand$50,575Additions$259,791Total$310,366
Tax Record2025$4,790 ($399 / month)
Home Facts
Baths10.5Total Finished SqFt2,048 SqFtAbove Grade Finished SqFt2,048 SqFtStories2Lot Size11,805 SqFtStyleDuplexYear Built2006ZoningMUCountyWASHOEAPN008-331-06

Schools near 1263 East 7th Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Libby C Booth Elementary School
Public - PK to 5
E Otis Vaughn Middle School
Public - 6 to 8
Earl Wooster High School
Public - 9 to 12
Coral Academy Middle School
Charter - 5 to 8
Rating
School
Distance
Libby C Booth Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster High School
Public9 to 12

Coral Academy Middle School
Charter5 to 8

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 Solid Source Realty, Brenda Rodie, License #S.61054

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.