Last Sold Price
19 beds3,536 sqft$318/sqft
540 Crampton StReno, NV89502

Description

Wonderful opportunity directly across from the VA Hospital. This 7 unit apartment building features a common laundry facility, 2 garage stalls and 1 extra parking space, all of which add additional monthly income. The property is centrally located and in high demand rental area with low vacancy rates.Wonderful opportunity directly across from the VA Hospital. This 7 unit apartment building features a common laundry facility, 2 garage stalls and 1 extra parking space, all of which add additional monthly income. The property is centrally located and in high demand rental area with low vacancy rates.
LISTING CLOSED: 02/21/2023 04:00 PM

  1. Listed by Kristopher Kent • Reno Realty

Property Details for 540 Crampton Street

Status
MLS #
220017038
Days on Compass
70
Taxes
$3,404 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Apartment Building (up to 8 Units)
Year Built
1982
Lot Size
0.16 AC / 6,969 SF
Zoning Actual
MF 14
Total Parking Capacity
10

Location

Listing Courtesy of Reno Realty, Kristopher Kent, License #7433

Sold By Real Property Mgmt. Corazon, Charles Chinnici, License #2361

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Building Information for 540 Crampton Street

Stories2Residences-Year Built1982Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$6,002 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,718

Property Taxes

$284

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 540 Crampton Street

Summary
Location and General Information
  • Area: Reno-Southeast
  • Zip: 89502
  • Geo Latitude: 39.516147
  • Geo Longitude: -119.800779
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 540 Crampton St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89502
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 540 Crampton St
  • County: Washoe
  • Elementary School: Veterans
  • Middle School: Vaughn
  • High School: Wooster
  • Xstreet/Directions: Locust St
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: Yes
  • Sliding Scale: No
  • Taxes $: $3,403.54
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Attached, Designated Parking, Garage, Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1982.0
  • Acreage: 0.16
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01317213
  • Complex Name: 540 Crampton St.
  • Gross Square Footage: 3536.0
Property and Assessments
  • Cap Rate: 6.00%
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: No
  • Construction: Wood Frame
  • Assessment $: $.00
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 12-14-2022
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Central Refrig A/C, Heat Pump, Wall Heater, Varies by Unit
  • Water Heater: Electric
  • Windows: Double Pane, Low E, Vinyl Frame
  • Facility Features: Master Meter-Water, Separate Heating/Cooling, Separate Meters-Electric, Separate Water Heaters, Tenant Pays Utilities
  • Common Features: None
  • Unit Features: Blinds/Shades, Smoke Detector
  • Appliances: Dishwasher, Disposal, Oven/Range, Refrigerator
  • Laundry: Common
  • Flooring: Carpet, Ceramic Tile, Sheet Vinyl
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: City Sewer, Electricity, Water Meter Installed, Internet Available, Cellular Coverage Avail
  • Landscaped: Fully Landscaped, Yes
  • Sprinklers: Full Sprinklers, Yes
  • Fenced: Partial
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 7
  • 1 Bedroom - # Units: 7
  • 1 Bedroom - SqFt/Unit: 505
  • 1 Bedroom - Avg Rent/Unit: 1095
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 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: 3
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 108
  • 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 Debt Service: $.00
  • Annual Expenses: $21,267.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $95,340.00
  • Net Operating Income: $66,446.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 70
  • DOMLS: 70
  • Cumulative DOM: 70
  • Cumulative DOMLS: 70
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: Kristopher Kent
  • Contact Phone: 775-393-9560
Rental
Rent Information
  • Annual Vacancy: $7,627.00
  • Current Lease: Leases

Property History for 540 Crampton Street

DateEvent & SourcePriceAppreciation
Feb 21, 2023

Sold

NNRMLS #220017038

$1,125,000
Feb 15, 2023

Sold (Public Record)

Public Record #1506602178

$1,125,000

+13.8% / yr

Dec 26, 2022

In Contract

NNRMLS #220017038

DateEvent & SourcePrice
02/21/2023

Sold

NNRMLS #220017038

$1,125,000
02/15/2023

Sold (Public Record)

Public Record #1506602178

$1,125,000

+13.8% / yr

12/26/2022

In Contract

NNRMLS #220017038

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

Public Records for 540 Crampton Street

Taxable ValueLand$77,000Additions$53,707Total$130,707
Tax Record2025$3,908 ($326 / month)
Home Facts
Baths7Total Finished SqFt3,536 SqFtAbove Grade Finished SqFt3,536 SqFtStories2Lot Size7,013 SqFtStyleMulti-Family Dwelling (2-4)Year Built1982ZoningMF14CountyWASHOEAPN013-172-13

Schools near 540 Crampton Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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 Reno Realty, Kristopher Kent, License #7433

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.