571 St Lawrence Avenue

Closed 5/2/24Virtual Tour
Closed 5/2/24Virtual Tour
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Sold
Last Sold Price
$980,000
4 beds6 baths2,580 sqft$380/sqft
571 St Lawrence Ave, Reno, NV 89509
Multi FamilyProperty Type
7,492 sq ftLot Size
1939Year Built
$380/sq ftPrice per sq ft
5 carsParking Spaces

Description

Seize this rare opportunity to purchase a brick masterpiece in historic Newlands Terrace within walking distance of downtown Reno, along with an accessory unit and an oversized 2-car garage (wall between garages). This would be an outstanding property for investors or owner-occupiers wishing to offset their monthly payment with rental income. Home is under contract so open house is cancelled., Original 1,728 sf, 2 bed/2 bath home offers custom brickwork, an attractive front porch, fine craftsmanship,...Seize this rare opportunity to purchase a brick masterpiece in historic Newlands Terrace within walking distance of downtown Reno, along with an accessory unit and an oversized 2-car garage (wall between garages). This would be an outstanding property for investors or owner-occupiers wishing to offset their monthly payment with rental income. Home is under contract so open house is cancelled., Original 1,728 sf, 2 bed/2 bath home offers custom brickwork, an attractive front porch, fine craftsmanship, hardwood floors, and lots of storage space. The sq ft includes basement space. Seller mostly finished basement in 2016. 571 1/2 St. Lawrence is a 1988-built 852 sf, 2 bed/1 bath accessory unit atop a spacious garage. Tons of garage space. Separate access from alley. Original home's wiring has been updated and central air and gas furnaces have been added to both units. New roof in 2009 for original home; new roof in 2021 for the back unit. New furnace in back unit in 2022. New water heater in main home in 2022. Portions of sewer line have been replaced. Enjoy the spacious, pleasant, and private backyard with a large deck and a brick workspace with French doors, slate floors, and radiant heating that could be used for a wide variety of purposes (office, storage, workshop, etc.). The oversized garage has a pass-through door into the backyard making it more convenient for the occupant of the original home. Tenants are on month-to-month leases and pay all utilities except for sewer. Current leases are $2,200 per month for main home and and $1,300 for rear unit. Not at full market rent.
  • Listed by: Kenneth Lund 775.870.6332 kenlund@ferrari-lund.com • Ferrari-Lund Real Estate South
  • Listed by: Alicia Lund 775.870.6332 sold@kenandalicialund.com • Ferrari-Lund Real Estate South
Listing closed: 05/02/2024 12:00 AM • Source: NNRMLS, MLS#: 240001812

Recent comparable sales

Median sold price

$975,000

Avg days on market

120

Sale-to-list ratio

95.9%

Reno, NV

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Location

Listing Courtesy of Ferrari-Lund Real Estate South, Kenneth Lund, License #BS.144762; Ferrari-Lund Real Estate South, Alicia Lund, License #BS.144930

Sold By Compass, Tina Reynoso, License #S.181349

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Property Information for 571 St Lawrence Avenue

Property Details
  • Taxes: $2,419 / year
  • MLS Type: Residential Income / Duplex
  • County: Washoe County
  • Zoning: MF14
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1939
  • Lot Size: 0.17 AC / 7,492 SF
Summary
Location and General Information
  • Directions: Arlington, W on St. Lawrence
  • Address:Parcel Number: 01120411
Taxes and HOA
  • Association Fee: $0
  • Tax Annual Amount: $2,419
  • Tax Legal:Elementary School: Beck
  • Tax Legal:Middle Or Junior School: Swope
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $2,419
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Additional Parcels Description: 2 SFR on 1 APN
  • Tax Legal:Zoning: MF14
  • Tax Legal:Directions: Arlington, W on St. Lawrence
  • AssociationCommunity:Number Of Buildings: 2.0
Parking
  • Attached Garage YN: Yes
  • Parking Features: Alley Access, Attached, Garage, Garage Door Opener, Varies by Unit
  • Parking Total: 5.0
  • Parking Information:Parking Total: 5.0
  • Parking Features:Alley Access: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Varies by Unit: Yes
School Information
  • Elementary School: Beck
  • High School: Reno
  • Middle Or Junior School: Swope
Virtual Tour
Property
Lot Information
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear, Other
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7492.32
  • Lot Size Units: Acres
  • Water Source: Public
  • Building Area Total: 2580.0
  • Lot:Lot Size Acres: 0.172
  • Lot:Lot Size Square Feet: 7492.32
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Other: Yes
Property and Assessments
  • Parcel Number: 01120411
  • Possession: Subject To Tenant Rights
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Duplex
  • Number Of Buildings: 2
  • Possession:Subject To Tenant Rights: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
  • Utilities:Heating YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Available: Yes
  • Utilities:Phone 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:Gas: 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
  • Patio And Porch Features: Patio, Deck
  • Stories: 2
  • Construction Materials: Brick, Wood Siding
  • Fencing: Back Yard, Full
  • Other Equipment: Satellite Dish, Varies By Unit
  • Other Structures: Shed(s), Storage
  • Roof: Composition, Pitched, Shingle
  • Security Features: Security Lights, Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Metal Frames, Single Pane Windows, Wood Frames, Varies
  • Building:Number Of Units Total: 2.0
  • Building:Stories: 2.0
  • Construction Materials:Brick: Yes
  • Construction Materials:Wood Siding: Yes
  • Fencing:Back Yard: Yes
  • Fencing:Full: Yes
  • Other Equipment:Satellite Dish: Yes
  • Other Equipment:Varies By Unit: Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Storage: Yes
  • Outdoor Living Spaces:Deck: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Roof:Composition: Yes
  • Roof:Pitched: Yes
  • Roof:Shingle: Yes
  • Security Features:Security Lights: 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:Drapes: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Single Pane Windows: Yes
  • Window Features:Varies: Yes
  • Window Features:Wood Frames: Yes
Interior Features
  • Flooring: Carpet, Ceramic Tile, Varies, Wood
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Interior Features: Smart Thermostat
  • Laundry Features: Varies By Unit
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Appliances: Oven, Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Interior:Building Area Total: 2580.0
  • Interior:Building Area Source: Assessor
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Varies: Yes
  • Flooring:Wood: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Interior Features:Smart Thermostat: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Oven: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:Varies By Unit: Yes
Multi Family
Income & Expenses
  • Total Annual Operating Expenses: $7,916
  • Gross Scheduled Income: $42,000
  • Net Operating Income: $34,403
  • 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: $42,000
  • Income and Expenses:Net Operating Income: $34,403
  • Income and Expenses:Total Annual Expenses: $7,916
  • Income and Expenses:Vacancy Allowance: $2,100
Multi Family Information
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Tenant Pays:All Utilities: Yes

Property History for 571 St Lawrence Avenue

DateEvent & SourcePriceAppreciation
May 2, 2024

Sold

NNRMLS #240001812

$980,000—
Apr 26, 2024

Sold (Public Record)

Public Record #1532173528

$980,000

+4.5% / yr

Apr 4, 2024

Pending

NNRMLS #240001812

—
DateEvent & SourcePrice
05/02/2024

Sold

NNRMLS #240001812

$980,000
04/26/2024

Sold (Public Record)

Public Record #1532173528

$980,000

+4.5% / yr

04/04/2024

Pending

NNRMLS #240001812

—

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

Public Records for 571 St Lawrence Avenue

Taxable ValueLand$65,625Additions$47,620Total$113,245
Tax Record2025$2,104 ($175 / month)
Home Facts
Baths2Total Finished SqFt2,004 SqFtAbove Grade Finished SqFt2,004 SqFtStories1Lot Size7,492 SqFtStyleDuplexYear Built1939Year Renovated1939ZoningMF14CountyWASHOEAPN011-204-11

Schools near 571 St Lawrence Avenue

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Jessie Beck Elementary School
Public - PK to 5
Darrell C Swope Middle School
Public - 6 to 8
Reno High School
Public - 9 to 12
Innovations High School - 16510
Public - 9 to 12
Rating
School
Distance
Jessie Beck Elementary School
PublicPK to 5

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Innovations High School - 16510
Public9 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 571 St Lawrence Avenue, Reno, NV 89509
$980,000
4
6
2,580
7,492
577 St Lawrence Avenue, Reno, NV 89509
$899,000
4
2,889
7,405
565 St Lawrence Avenue, Reno, NV 89509
$654,000
3
2
1,927
5,097
639 Gordon Avenue, Reno, NV 89509
$650,000
3
1,869
4,791
585 St Lawrence Avenue, Reno, NV 89509
$185,000
2
1.5
1,587
7,492
633 Gordon Avenue, Reno, NV 89509
–
2
1
1,212
5,009

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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, Kenneth Lund, License #BS.144762; Ferrari-Lund Real Estate South, Alicia Lund, License #BS.144930

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.