120 West Arroyo Street

Reno, NV 89509

$1,300,000
Last Sold Price
5
Beds
7
Baths
3,214 Sq. Ft.
$404 / Sq. Ft.
3,214
Sq. Ft.
$404
per Sq. Ft.

Description

True Mid Town Location, 2 blocks off S Virginia. Single story Front House and 4 unit building behind built 1956. These units are all in top condition. Seller has invested thousands this past year on upgrading and remodeling so the new Owner doesn't have to. If a vacancy occurs rented in 1 day. Exteriors of both the house and the Apartments painted in addition to 4 new water heaters. The house was painted on the interior, baths updated, kitchen updated, front yard fencing. Please do not disturb tenants.True Mid Town Location, 2 blocks off S Virginia. Single story Front House and 4 unit building behind built 1956. These units are all in top condition. Seller has invested thousands this past year on upgrading and remodeling so the new Owner doesn't have to. If a vacancy occurs rented in 1 day. Exteriors of both the house and the Apartments painted in addition to 4 new water heaters. The house was painted on the interior, baths updated, kitchen updated, front yard fencing. Please do not disturb tenants.
  1. Listed by Diane Heaton • Keller Williams Group One Inc.
  2. Listed by David Kahan • Keller Williams Group One Inc.

Property Details for 120 West Arroyo Street

Zoning Actual
MU-RES
Total Parking Capacity
8

Location

Listing Courtesy of Keller Williams Group One Inc., Diane Heaton, License #4271; Keller Williams Group One Inc., David Kahan, License #2661

Sold By Hatjakes Realty LLC, Dana Hatjakes, License #11791

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LISTING UPDATED: 01/13/2023 05:11 PM

Property Details for 120 West Arroyo Street

StatusSold
MLS #220008950
Days on Compass210
Taxes$2,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1928
Lot Size0.16 AC / 6,969 SF
CountyWashoe County

Location

Listing Courtesy of Keller Williams Group One Inc., Diane Heaton, License #4271; Keller Williams Group One Inc., David Kahan, License #2661

Sold By Hatjakes Realty LLC, Dana Hatjakes, License #11791

Add your commute

Building Information for 120 West Arroyo Street

Stories1Residences-Year Built1928Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$7,284 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$189

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 West Arroyo Street

Summary
Location and General Information
  • Area: Reno-Old Southwest
  • Zip: 89509
  • Geo Latitude: 39.511328
  • Geo Longitude: -119.808587
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 120 W Arroyo St
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89509
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 120 W Arroyo
  • County: Washoe
  • Xstreet/Directions: S Virginia
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $2,267.78
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Common, Designated Parking, Garage, Varies Per Unit
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1928.0
  • Acreage: 0.16
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01412305
  • Complex Name: Sierra Vista
  • Gross Square Footage: 3214.0
Property and Assessments
  • Cap Rate: 4.00%
  • Documents On File: Financial Statements, Rental/Leases
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Wood Frame
  • Assessment $: $.00
  • HUD: No
  • HERS: No
  • LEED: No
  • Energy Star Home Certified: No
  • NGBS: No
  • HES: No
  • Associated Document Count: 2
  • LVT Date: 06-17-2022
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Baseboard, Central Refrig A/C, Electric, Natural Gas, Forced Air, Wall Heater, Programmable Thermostat, Varies by Unit
  • Water Heater: Electric
  • Windows: Combo/Varies, Double Pane, Low E, Metal Frame, Single Pane, Varies by Unit, Vinyl Frame
  • Facility Features: Landlord Pays Utilities, Pet Restrictions, Separate Meters-Electric, Separate Meters-Water, Separate Water Heaters, Separated Meters-Gas, Tenant Pays Utilities
  • Common Features: Alley Access, Security Lighting
  • Unit Features: Blinds/Shades, Smoke Detector
  • Appliances: Dishwasher, Dryer, Oven/Range, Refrigerator, Varies Per Unit, Washer
  • Laundry: Kitchen, Varies Per Unit
  • Flooring: Laminate, Sheet Vinyl, Varies by Unit
  • Green Features: None
Exterior Features
  • Foundation: Basement/Unfinished, Concrete Slab, Concrete/Crawl Space
  • Exterior: Masonite, Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: Cable, City/County Water, City Sewer, Electricity, Natural Gas, Telephone, Water Meter Installed, Internet Available, Cellular Coverage Avail
  • Landscaped: Fully Landscaped, Yes
  • Sprinklers: Automatic, Drip-Full, Front, Yes
  • Fenced: Front
Room
  • Studio - # Baths: 2
  • 1 Bedroom - # Baths: 2
  • 1 Bedroom - # Units: 2
  • 1 Bedroom - SqFt/Unit: 563
  • 1 Bedroom - Avg Rent/Unit: 1250
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 0
  • 3 Bedroom - # Baths: 3
  • 3 Bedroom - # Units: 1
  • 3 Bedroom - SqFt/Unit: 962
  • 3 Bedroom - Avg Rent/Unit: 2950
  • 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: 2
  • Studio - SqFt/Unit: 563
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 962
  • # Buildings: 2
  • # Units: 5
  • Stories: 1 Story
Income & Expenses
  • Income Info w/h: No
  • Annual Debt Service: $.00
  • Annual Expenses: $15,000.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $88,488.00
  • Net Operating Income: $73,488.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 210
  • DOMLS: 210
  • Cumulative DOM: 210
  • Cumulative DOMLS: 210
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Diane Heaton
  • Contact Phone: 775-750-2409
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Month to Month

Property History for 120 West Arroyo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 120 West Arroyo Street

Taxable ValueLand$91,000Additions$32,239Total$123,239
Tax Record2023$2,666 ($222 / month)
Home Facts
Baths5Total Finished SqFt962 SqFtAbove Grade Finished SqFt962 SqFtUnfinished Basement SqFt627 SqFtStories1Lot Size7,013 SqFtStyleMulti-Family Dwelling (2-4)Year Built1928ZoningMURESCountyWASHOEAPN014-123-05

Schools near 120 West Arroyo Street

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.

Similar Homes

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Similar Sold Homes

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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 Keller Williams Group One Inc., Diane Heaton, License #4271; Keller Williams Group One Inc., David Kahan, License #2661

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.