114-122 St Lawrence Avenue

Reno, NV 89509

$1,199,000
Price
7
Beds
6
Baths
3,494 Sq. Ft.
$343 / Sq. Ft.
3,494
Sq. Ft.
$343
per Sq. Ft.

Description

Actual CAP rate is 6.1. Prime, beautiful units in Reno's most desirable location, the OLD Southwest, walking distance to Mid Town. Consists of well built two bedroom home plus, formal living & dining, separate laundry, 1140 sq.ft. Add an attached duplex and separate Tri-Plex. Quiet and serene Residential location. Two units are under market rent.Actual CAP rate is 6.1. Prime, beautiful units in Reno's most desirable location, the OLD Southwest, walking distance to Mid Town. Consists of well built two bedroom home plus, formal living & dining, separate laundry, 1140 sq.ft. Add an attached duplex and separate Tri-Plex. Quiet and serene Residential location. Two units are under market rent.
  1. Listed by Larry Barnes • Ferrari-Lund Real Estate Reno
  2. Listed by Lester Conklin • Ferrari-Lund Real Estate Reno

Property Details for 114-122 St Lawrence Avenue

Zoning Actual
Mu-Res
Total Parking Capacity
5

Location

Listing Courtesy of Ferrari-Lund Real Estate Reno, Larry Barnes, License #1767; Ferrari-Lund Real Estate Reno, Lester Conklin, License #1118
Add your commute
LISTING UPDATED: 03/27/2024 02:06 PM

Property Details for 114-122 St Lawrence Avenue

StatusUnder Contract - No Show
MLS #230002765
Days on Compass338
Taxes$2,576 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Complex
Year Built1914
Lot Size0.19 AC / 8,276 SF
CountyWashoe County

Location

Listing Courtesy of Ferrari-Lund Real Estate Reno, Larry Barnes, License #1767; Ferrari-Lund Real Estate Reno, Lester Conklin, License #1118
Add your commute

Building Information for 114-122 St Lawrence Avenue

Stories2Residences-Year Built1914Building Size-Lot Size0.19 AC / 8,276 SF

Payment Calculator

$6,758 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,543

Property Taxes

$215

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 114-122 St Lawrence Avenue

Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89509-1745
  • Geo Latitude: 39.517943
  • Geo Longitude: -119.811823
  • Geo Quality: 0.9
  • Geo Zoom Level: 14.0
  • Geo Match Code: 3
  • Geo Matched Method: 0
  • Address: 114-122 Saint Lawrence Ave
  • County: Washoe
  • Xstreet/Directions: Forest Street
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: Yes
  • Sliding Scale: No
  • Taxes $: $2,576.00
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Garage, Detached, Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1914.0
  • Acreage: 0.19
  • Type of Property: Apartment Complex
  • Parcel #: 01127103
  • Complex Name: St Lawrence Mid-Town
  • Gross Square Footage: 3494.0
Property and Assessments
  • Cap Rate: 6.00%
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Masonry
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 03-30-2023
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Electric, Evap Cooling, Natural Gas, Heat Pump, Varies by Unit
  • Water Heater: Electric, Natural Gas
  • Windows: Single Pane
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Primary Meter-Water, Separate Water Heaters, Separate Heating/Cooling, Tenant Pays Utilities
  • Common Features: Alley Access
  • Unit Features: Blinds/Shades, Drapes/Curtains, Patio/Deck, Smoke Detector
  • Appliances: Refrigerator, Oven/Range, Washer, Dryer
  • Laundry: Varies Per Unit
  • Flooring: Carpet, Laminate, Sheet Vinyl, Varies by Unit
Exterior Features
  • Foundation: Concrete/Crawl Space, Concrete Slab, Stone
  • Exterior: Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Varies by Unit, Water Meter Installed, Internet Available, Cellular Coverage Avail
  • Landscaped: Partially Landscaped, Yes
  • Sprinklers: None
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 5
  • 1 Bedroom - # Units: 5
  • 1 Bedroom - SqFt/Unit: 570
  • 1 Bedroom - Avg Rent/Unit: 1220
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 1
  • 2 Bedroom - SqFt/Unit: 1080
  • 2 Bedroom - Avg Rent/Unit: 1500
  • 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: 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: 3
  • # Units: 6
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $15,242.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $90,540.00
  • Net Operating Income: $73,196.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 338
  • DOMLS: 336
  • Cumulative DOM: 338
  • Cumulative DOMLS: 336
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: Lester Conklin
  • Contact Phone: 775-762-0338
Rental
Rent Information
  • Annual Vacancy: $2,102.00
  • Current Lease: Leases

Property History for 114-122 St Lawrence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 114-122 St Lawrence Avenue

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

Darrell C Swope Middle School
Public6 to 8

Reno 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ferrari-Lund Real Estate Reno, Larry Barnes, License #1767; Ferrari-Lund Real Estate Reno, Lester Conklin, License #1118

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.