420 Burns St

Reno, NV 89502

$587,600
Last Sold Price
4
Beds
4
Baths
2,124 Sq. Ft.
$277 / Sq. Ft.
2,124
Sq. Ft.
$277
per Sq. Ft.
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Closed 12/21/20
Closed 12/21/20
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Description

Burns 4-plex is a Wells Corridor multifamily property with high upside potential. The current tenants all on a month to month lease and far below market rents for this excellent location. The property is located blocks from Midtown Reno, which is the center for gentrification for the entire city. Between the vibrant Wells Corridor and Midtown District tenants will enjoy some of the best nightlife and retail Reno has to offer., Drive by only, please do not disturb tenants. For a complete property...Burns 4-plex is a Wells Corridor multifamily property with high upside potential. The current tenants all on a month to month lease and far below market rents for this excellent location. The property is located blocks from Midtown Reno, which is the center for gentrification for the entire city. Between the vibrant Wells Corridor and Midtown District tenants will enjoy some of the best nightlife and retail Reno has to offer., Drive by only, please do not disturb tenants. For a complete property flyer please contact the listing agent.
  1. Listed by Trevor Richardson • Address Income
    P: (775)-233-0754 trichardson@addressincome.com

Property Details for 420 Burns Street

Zoning
CC
LISTING CLOSED: 12/21/2020 12:00 AM

Property Details for 420 Burns Street

StatusClosed
MLS #200005557
Days on Compass231
Taxes$1,074 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.15 AC / 6,534 SF
CountyWashoe County
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Location

Listing Courtesy of Address Income, Trevor Richardson, License #B.1002905

Sold By Dickson Commercial Group, Trevor Richardson, License #B.1002905

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Building Information for 420 Burns Street

Stories1Residences4Year Built1949Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

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$3,076 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,987

Property Taxes

$90

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 420 Burns Street

Summary
Location and General Information
  • Directions: South Wells
  • Address:Parcel Number: 01322403
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $1,074
  • Tax Legal:Tax Annual Amount: $1,074
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: CC
  • Tax Legal:Directions: South Wells
  • AssociationCommunity:Number Of Buildings: 2.0
Parking
  • Attached Garage YN: No
  • Parking Features: Assigned
  • Parking Total: 2.0
  • Parking Information:Parking Total: 2.0
  • Parking Features:Assigned: Yes
Property
Lot Information
  • Lot Features: Landscaped, Other
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Square Feet: 6534.0
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2124.0
  • Lot:Lot Size Acres: 0.15
  • Lot:Lot Size Square Feet: 6534.0
  • Lot Features:Landscaped: Yes
  • Lot Features:Other: Yes
Property and Assessments
  • Parcel Number: 01322403
  • Possession: Close Of Escrow
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1949
  • Number Of Buildings: 2
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Electric: True
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Utilities:Water Meter Installed: 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: No
  • 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
  • Stories: 1
  • Construction Materials: Frame, Stucco
  • Fencing: Back Yard
  • Foundation Details: Crawl Space
  • Roof: Composition, Pitched, Shingle
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Vinyl Frames
  • Building:Number Of Units Total: 4.0
  • Building:Stories: 1.0
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes
  • Fencing:Back Yard: Yes
  • Foundation Details:Crawl Space: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:Automatic: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Vinyl Frames: Yes
Interior Features
  • Cooling: Varies By Unit
  • Cooling YN: Yes
  • Flooring: Ceramic Tile, Varies, Wood
  • Heating: Natural Gas, Wall Furnace, Varies By Unit
  • Heating YN: Yes
  • Laundry Features: In Kitchen, Washer Hookup
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Gas Range, Refrigerator
  • Interior:Building Area Total: 2124.0
  • Interior:Building Area Source: Assessor
  • Cooling:Varies By Unit: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Varies: Yes
  • Flooring:Wood: Yes
  • Heating:Natural Gas: Yes
  • Heating:Varies By Unit: Yes
  • Heating:Wall Furnace: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:In Kitchen: Yes
  • Laundry Features:Washer Hookup: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $7,012
  • Gross Scheduled Income: $30,000
  • Income and Expenses:Annual Income & Expenses: Actual
  • Income and Expenses:Gross Scheduled Income: $30,000
  • Income and Expenses:Total Annual Expenses: $7,012
Multi Family Information
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 420 Burns Street

DateEvent & SourcePriceAppreciation
Dec 21, 2020

Sold

NNRMLS #200005557

$587,600—
Dec 18, 2020

Sold (Public Record)

Public Record #688777250

$587,600

+12.1% / yr

Nov 24, 2020

Pending

NNRMLS #200005557

—
DateEvent & SourcePrice
12/21/2020

Sold

NNRMLS #200005557

$587,600
12/18/2020

Sold (Public Record)

Public Record #688777250

$587,600

+12.1% / yr

11/24/2020

Pending

NNRMLS #200005557

—

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

Public Records for 420 Burns Street

Taxable ValueLand$64,750Additions$25,421Total$90,171
Tax Record2025$1,585 ($132 / month)
Home Facts
Baths4Total Finished SqFt1,042 SqFtAbove Grade Finished SqFt1,042 SqFtStories1Lot Size6,752 SqFtStyleDuplexYear Built1949ZoningGCCountyWASHOEAPN013-224-03

Schools near 420 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot AC
420 Burns Street, Unit 4, Reno, NV 89502
$395,000
4
16
2,124
0.15
418 Burns Street, Reno, NV 89502
–
2
1
787
0.09
430 Burns Street, Unit 100, Reno, NV 89502
$415,000
2
2
1,040
0.08
430 Burns Street, Reno, NV 89502
$415,000
2
1,040
0.08
1020 South Wells Avenue, Reno, NV 89502
–
–
–
2,640
0.08

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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 Address Income, Trevor Richardson, License #B.1002905

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.