58 Vine St

7,178 Sq. Ft.
$104 / Sq. Ft.
7,178
Sq. Ft.
$104
per Sq. Ft.

Description

Money tree! Watch your profits grow! The Truckee River is a stone's throw away. This two-story 10-unit apartment complex is perfectly positioned across the street from the City of Reno's McKinley Arts and Culture Center and just about one block away from the Truckee river, Beaujolais Bistro, Hub Coffee Roasters, Dorinda's Chocolates, Hello Darling Salon, Dressed Boutique and much more. And with downtown Reno just minutes away, keeping these units rented will be a breeze. A Diamond in the rough.Money tree! Watch your profits grow! The Truckee River is a stone's throw away. This two-story 10-unit apartment complex is perfectly positioned across the street from the City of Reno's McKinley Arts and Culture Center and just about one block away from the Truckee river, Beaujolais Bistro, Hub Coffee Roasters, Dorinda's Chocolates, Hello Darling Salon, Dressed Boutique and much more. And with downtown Reno just minutes away, keeping these units rented will be a breeze. A Diamond in the rough.
  1. Listed by John Mike Ramos • Coldwell Banker Select Reno
  2. Listed by Zhuowen Arneson • Coldwell Banker Select Reno

Property Details for 58 Vine Street

Zoning Actual
MUDR
Total Parking Capacity
6
LISTING CLOSED: 08/02/2016 05:00 PM

Property Details for 58 Vine Street

StatusSold
MLS #160010056
Days on Compass27
Taxes$5,048 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1963
Lot Size0.20 AC / 8,712 SF
CountyWashoe County

Location

Listing Courtesy of Coldwell Banker Select Reno, John Mike Ramos, License #5185; Coldwell Banker Select Reno, Zhuowen Arneson, License #9244

Sold By Gorelick Real Estate Advisors, Allison Gorelick, License #8336

Add your commute

Building Information for 58 Vine Street

Stories2Residences-Year Built1963Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$4,228 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,807

Property Taxes

$421

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 58 Vine Street

Summary
Location and General Information
  • Area: Reno-Old Northwest
  • Zip: 89503
  • Geo Latitude: 39.5226669311523
  • Geo Longitude: -119.823417663574
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 58 Vine St
  • Geo Primary City: Reno
  • Geo Secondary City: Washoe Co.
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 58 Vine
  • County: Washoe
  • Xstreet/Directions: Btw Jones St. and 1st St.
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $5,048.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Attached, Carport
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1963.0
  • Acreage: 0.2
  • Type of Property: Apartment Complex
  • Parcel #: 01109110
  • Complex Name: 58 Vine Street
  • Gross Square Footage: 7178.0
Property and Assessments
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Tax Database ID: 5
  • Tax Property ID: 01109110
  • Construction: Masonry
  • Assessment $: $.00
  • HUD: No
  • Associated Document Count: 3
  • LVT Date: 07-07-2016
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Forced Air, Natural Gas
  • Water Heater: Electric
  • Windows: Metal Frame, Single Pane
  • Facility Features: Landlord Pays Utilities, Master Meter-Water, Separate Meters-Electric, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Alley Access
  • Unit Features: Blinds/Shades, Drapes/Curtains, Varies Per Unit
  • Appliances: Disposal, Oven/Range, Refrigerator
  • Laundry: Common
  • Flooring: Carpet, Ceramic Tile, Sheet Vinyl
  • Green Features: None
Exterior Features
  • Foundation: Concrete Slab
  • Exterior: Masonry Veneer
  • Roof: Flat, Membrane
  • Utilities: City Sewer, City/County Water, Electricity, Natural Gas, Telephone
  • Landscaped: Partially Landscaped
  • Sprinklers: None
  • Fenced: None
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 6
  • 1 Bedroom - # Units: 6
  • 1 Bedroom - SqFt/Unit: 610
  • 1 Bedroom - Avg Rent/Unit: 635
  • 2 Bedroom - # Baths: 4
  • 2 Bedroom - # Units: 3
  • 2 Bedroom - SqFt/Unit: 900
  • 2 Bedroom - Avg Rent/Unit: 733
  • 3 Bedroom - # Baths: 2
  • 3 Bedroom - # Units: 1
  • 3 Bedroom - SqFt/Unit: 1200
  • 3 Bedroom - Avg Rent/Unit: 1100
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • 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: 2
  • # Units: 10
  • Stories: 2 Story
Income & Expenses
  • Income Info w/h: No
  • Annual Expenses: $26,900.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $85,320.00
  • Net Operating Income: $54,154.00
Agent
Showing and Remarks
  • Days to Contract: 0
  • Showing Instructions: Drive By
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 27
  • DOMLS: 27
  • Cumulative DOM: 27
  • Cumulative DOMLS: 27
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Front Desk
  • Contact Phone: (775) 688-4800
Rental
Rent Information
  • Annual Vacancy: $4,266.00
  • Current Lease: Leases

Property History for 58 Vine Street

DateEvent & SourcePriceAppreciation
Aug 2, 2016

Sold

NNRMLS #160010056

$749,000
Aug 2, 2016

Sold (Public Record)

Public Record #579602296

$749,000
Jul 10, 2016

Pending

NNRMLS #160010056

DateEvent & SourcePrice
08/02/2016

Sold

NNRMLS #160010056

$749,000
08/02/2016

Sold (Public Record)

Public Record #579602296

$749,000
07/10/2016

Pending

NNRMLS #160010056

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

Public Records for 58 Vine Street

Taxable ValueLand$84,875Additions$65,453Total$150,328
Tax Record2025$3,848 ($321 / month)
Home Facts
Baths6Total Finished SqFt7,178 SqFtAbove Grade Finished SqFt7,178 SqFtStories2Lot Size9,496 SqFtStyleMulti-Family Res (5+ Units)Year Built1963Year Renovated1975ZoningMD-PDCountyWASHOEAPN011-091-10

Schools near 58 Vine Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Hunter Lake Elementary School
PublicPK to 5

Darrell C Swope Middle School
Public6 to 8

Reno 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$230,000
2
1
883
4,748
$288,000
2
1,174
4,791
$135,000
1
984
4,748
1
882
9,496
$285,000
3
1,242
4,791

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 Coldwell Banker Select Reno, John Mike Ramos, License #5185; Coldwell Banker Select Reno, Zhuowen Arneson, License #9244

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.