403 Burns St

Reno, NV 89502

$390,000
Last Sold Price
4
Beds
16
Baths
2,738 Sq. Ft.
$142 / Sq. Ft.
2,738
Sq. Ft.
$142
per Sq. Ft.
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Closed 10/18/17
Closed 10/18/17
Photo 1

Description

Exceptional opportunity to own a brick 4 plex in the Wells Avenue area, each unit is 684 SF with 1 bedroom, 1 bath and an additional 684 Sq. Ft. unfinished basement, imagine the potential. The current owner has updated the electrical panel and replaced many of the windows, the previous owner replaced the roof and gas furnaces in each unit., Also includes 401 Burns, 1010 and 1012 S. Wells as separate addresses within the 4-plex. Parking spaces have alley access on the north side of the property. Property...Exceptional opportunity to own a brick 4 plex in the Wells Avenue area, each unit is 684 SF with 1 bedroom, 1 bath and an additional 684 Sq. Ft. unfinished basement, imagine the potential. The current owner has updated the electrical panel and replaced many of the windows, the previous owner replaced the roof and gas furnaces in each unit., Also includes 401 Burns, 1010 and 1012 S. Wells as separate addresses within the 4-plex. Parking spaces have alley access on the north side of the property. Property is down the street from the VA Hospital. Please do not disturb the tenants. Seller is related to seller's agent.
  1. Listed by Liz Gonzalez • Ferrari-Lund Real Estate South
    P: (775)-224-2276 liz@simplyreno.com

Property Details for 403 Burns Street

Zoning
cc
LISTING CLOSED: 10/18/2017 12:00 AM

Property Details for 403 Burns Street

StatusClosed
MLS #170007508
Days on Compass140
Taxes$1,301 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.18 AC / 7,840 SF
CountyWashoe County
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Location

Listing Courtesy of Ferrari-Lund Real Estate South, Liz Gonzalez, License #S.66260

Sold By Clark Real Estate & Inv., Kristin Gandolfo, License #S.167752

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Building Information for 403 Burns Street

Stories1Residences4Year Built1945Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

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$2,091 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,982

Property Taxes

$108

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 403 Burns Street

Summary
Location and General Information
  • Directions: Wells Ave
  • Address:Parcel Number: 01316614
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,301
  • Tax Legal:Tax Annual Amount: $1,301
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: cc
  • Tax Legal:Directions: Wells Ave
  • AssociationCommunity:Number Of Buildings: 1.0
Parking
  • Attached Garage YN: No
  • Parking Features: Alley Access, Common
  • Parking Total: 5.0
  • Parking Information:Parking Total: 5.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Common: Yes
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7840.8
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2738.0
  • Lot:Lot Size Acres: 0.18
  • Lot:Lot Size Square Feet: 7840.8
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 01316614
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1945
  • Number Of Buildings: 1
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: True
  • 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:Electric: 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: No
Interior and Exterior Features
Exterior Features
  • Stories: 1
  • Construction Materials: Brick
  • Fencing: Full
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Single Pane Windows
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 1.0
  • Construction Materials:Brick: Yes
  • Fencing:Full: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Single Pane Windows: Yes
Interior Features
  • Flooring: Carpet, Vinyl
  • Heating: Natural Gas
  • Heating YN: Yes
  • Laundry Features: Varies By Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Gas Range
  • Interior:Building Area Total: 2738.0
  • Interior:Building Area Source: Assessor
  • Flooring:Carpet: Yes
  • Flooring:Vinyl: Yes
  • Heating:Natural Gas: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Gross Scheduled Income: $31,800
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $31,800
Multi Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 403 Burns Street

DateEvent & SourcePriceAppreciation
Oct 18, 2017

Sold

NNRMLS #170007508

$390,000—
Oct 11, 2017

Sold (Public Record)

Public Record #607890949

$390,000

+18.8% / yr

Jun 20, 2017

Pending

NNRMLS #170007508

—
DateEvent & SourcePrice
10/18/2017

Sold

NNRMLS #170007508

$390,000
10/11/2017

Sold (Public Record)

Public Record #607890949

$390,000

+18.8% / yr

06/20/2017

Pending

NNRMLS #170007508

—

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

Public Records for 403 Burns Street

Taxable ValueLand$64,750Additions$37,115Total$101,865
Tax Record2025$2,144 ($179 / month)
Home Facts
Baths4Total Finished SqFt2,738 SqFtAbove Grade Finished SqFt2,738 SqFtUnfinished Basement SqFt2,738 SqFtStories1Lot Size8,059 SqFtStyleMulti-Family Dwelling (2-4)Year Built1945ZoningGCCountyWASHOEAPN013-166-14Fireplace TypeHas Fireplace

Schools near 403 Burns Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Veterans Memorial Elementary School
Public - K to 5
E Otis Vaughn Middle School
Public - 6 to 8
Earl Wooster High School
Public - 9 to 12
Washoe Innovations Academy
Public - PK to 12
Rating
School
Distance
Veterans Memorial Elementary School
PublicK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster 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 Ferrari-Lund Real Estate South, Liz Gonzalez, License #S.66260

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.