525 Roberts St

Reno, NV 89502

$1,749,000
Last Sold Price
4
Beds
2
Baths
5,836 Sq. Ft.
$300 / Sq. Ft.
5,836
Sq. Ft.
$300
per Sq. Ft.
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Closed 12/8/20Virtual Tour
Closed 12/8/20Virtual Tour
a front view of a house with a porch
a front view of a house with garden
an aerial view of a house with outdoor space
a kitchen with a refrigerator and window
a view of an empty room with a window and fireplace
a view of empty room with kitchen and window
a kitchen with stainless steel appliances granite countertop a sink stove and cabinets
a view of kitchen with center island and stainless steel appliances
a large kitchen with a stove and a refrigerator
a view of an empty room with a window
a view of an empty room
a bathroom with a double vanity sink and a mirror
a bathroom with a shower
a view of entryway with wooden floor
a view of a house with a porch
a view of backyard with swimming pool
a view of room with a ceiling fan
a view of a workspace with furniture
a view of a room with gym equipment
a view of a workspace with furniture
a view of a workspace with furniture
a room with a chandelier furniture a rug and a chandelier
a living room with furniture and wooden floor
a kitchen with a sink and a stove top oven
a dining room with furniture and a kitchen view
a view of a dining room with furniture window and outside view
a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a kitchen with a table chairs refrigerator and microwave
a spacious bedroom with a bed and a couch
a living room with furniture and a large window
a bathroom with a double vanity sink and a mirror
a bathroom with a shower
a view of a house with a street
a group of cars parked in front of a building
a view of a city from a terrace
a view of multiple houses with a street

Description

Unique offering in the heart of Reno consisting of six individual parcels. Newly renovated building features two spacious, light-filled condos upstairs, one commercial space downstairs, all with fire sprinklers, one common area parcel and two adjacent parking lot parcels that may be candidates for development. Separate APNs allow for the individual sale of each unit. Great upside potential. CC Zoning allows for a variety of uses. Commercial unit has a grease interceptor, paver patio and glass roll...Unique offering in the heart of Reno consisting of six individual parcels. Newly renovated building features two spacious, light-filled condos upstairs, one commercial space downstairs, all with fire sprinklers, one common area parcel and two adjacent parking lot parcels that may be candidates for development. Separate APNs allow for the individual sale of each unit. Great upside potential. CC Zoning allows for a variety of uses. Commercial unit has a grease interceptor, paver patio and glass roll up doors., Easy access to I-80 and walking distance to the attractions in Downtown, Midtown and Wells Avenue. As the owner of all parcels, you will have control over the CC&Rs which have already been drafted in a basic format, but can be amended. The upstairs condos have ample windows and each has a small balcony. One condo is vacant and can be shown. The other condo can be shown with an accepted offer. The commercial space is currently leased at $3500 per month. Not pictured is a large storage room in unit 100. See virtual tour.
  1. Listed by Barrie Lynn • Ferrari-Lund Real Estate Reno
    P: (775)-544-6744 barrie@barrielynn.com

Property Details for 525 Roberts Street

Zoning
CC
LISTING CLOSED: 12/08/2020 12:00 AM

Property Details for 525 Roberts Street

StatusClosed
MLS #200012321
Days on Compass96
Taxes$7,794 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built2002
Lot Size0.32 AC / 13,939 SF
CountyWashoe County
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Location

Listing Courtesy of Ferrari-Lund Real Estate Reno, Barrie Lynn, License #S.62979

Sold By Coldwell Banker Select Reno, Beatrice Lefanto, License #BS.145009

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Virtual Tour

Building Information for 525 Roberts Street

Stories2Residences3Year Built2002Building Size-Lot Size0.32 AC / 13,939 SF

Payment Calculator

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$9,539 per month

30 year fixed, 6.55% Interest

Principal and Interest

$8,890

Property Taxes

$650

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 525 Roberts Street

Summary
Location and General Information
  • Directions: Wells Avenue
  • Address:Parcel Number: 01355002
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $7,794
  • Tax Legal:Tax Annual Amount: $7,794
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: CC
  • Tax Legal:Directions: Wells Avenue
  • AssociationCommunity:Number Of Buildings: 1.0
Parking
  • Attached Garage YN: No
  • Parking Features: Alley Access, Common
  • Parking Total: 21.0
  • Parking Information:Parking Total: 21.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Common: Yes
Virtual Tour
Property
Lot Information
  • Lot Features: Landscaped
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Square Feet: 13939.2
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 5836.0
  • Lot:Lot Size Acres: 0.32
  • Lot:Lot Size Square Feet: 13939.2
  • Lot Features:Landscaped: Yes
Property and Assessments
  • Parcel Number: 01355002
  • Possession: Subject To Tenant Rights
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 2002
  • Number Of Buildings: 1
  • Possession:Subject To Tenant Rights: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed, Varies By Unit
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Utilities:Varies By Unit: 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
  • Patio And Porch Features: Patio, Deck
  • Stories: 2
  • Construction Materials: Brick, Wood Siding, Masonry Veneer
  • Exterior Features: Balcony
  • Fencing: None
  • Foundation Details: Slab
  • Other Equipment: Varies By Unit
  • Roof: Flat, Membrane
  • Security Features: Fire Sprinkler System
  • Window Features: Double Pane Windows, Metal Frames
  • Building:Number Of Units Total: 3.0
  • Building:Stories: 2.0
  • Construction Materials:Brick: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Masonry Veneer: Yes
  • Exterior Features:Balcony: Yes
  • Fencing:None: Yes
  • Foundation Details:Slab: Yes
  • Other Equipment:Varies By Unit: Yes
  • Outdoor Living Spaces:Deck: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Roof:Flat: Yes
  • Roof:Membrane: Yes
  • Security Features:Fire Sprinkler System: Yes
  • Sprinklers:Drip System: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Metal Frames: Yes
Interior Features
  • Cooling: Central Air, Electric, Refrigerated, Varies By Unit
  • Cooling YN: Yes
  • Flooring: Concrete, Varies, Wood
  • Heating: Electric, Forced Air, Natural Gas, Varies By Unit
  • Heating YN: Yes
  • Laundry Features: In Unit, Varies By Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Gas Range, Refrigerator
  • Interior:Building Area Total: 5836.0
  • Interior:Building Area Source: Assessor
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Cooling:Refrigerated: Yes
  • Cooling:Varies By Unit: Yes
  • Flooring:Concrete: Yes
  • Flooring:Varies: Yes
  • Flooring:Wood: Yes
  • Heating:Electric: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Varies By Unit: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Laundry Features:In Unit: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $11,000
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $79,000
  • Income and Expenses:Income Info Withheld YN: No
  • Income and Expenses:Annual Debt Service: 0.0
  • Income and Expenses:Annual Income & Expenses: Pro Forma
  • Income and Expenses:Gross Scheduled Income: $90,000
  • Income and Expenses:Net Operating Income: $79,000
  • Income and Expenses:Total Annual Expenses: $11,000
  • Income and Expenses:Vacancy Allowance: $0
Multi Family Information
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 525 Roberts Street

DateEvent & SourcePriceAppreciation
Dec 8, 2020

Sold

NNRMLS #200012321

$1,749,000—
Oct 12, 2020

Pending

NNRMLS #200012321

—
Sep 3, 2020

Listed (Active)

NNRMLS #200012321

$1,749,000—
DateEvent & SourcePrice
12/08/2020

Sold

NNRMLS #200012321

$1,749,000
10/12/2020

Pending

NNRMLS #200012321

—
09/03/2020

Listed (Active)

NNRMLS #200012321

$1,749,000

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

Public Records for 525 Roberts Street

Taxable ValueLand$28,000Additions$2,281Total$30,281
Tax Record2025$746 ($62 / month)
Home Facts
Lot Size4,000 SqFtStyleCommercialZoningGCCountyWASHOEAPN013-095-19

Schools near 525 Roberts 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
Marvin Picollo School
Public - PK to 12
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

Marvin Picollo School
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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Listing Courtesy of Ferrari-Lund Real Estate Reno, Barrie Lynn, License #S.62979

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.