1320 Buena Vista Avenue

Reno, NV 89503

$750,000
Price
7
Beds
3
Baths
2,849 Sq. Ft.
$263 / Sq. Ft.
2,849
Sq. Ft.
$263
per Sq. Ft.

Description

Investment Opportunity Alert! Welcome to this fantastic triplex strategically positioned near the University of Nevada, offering a lucrative blend of convenience and income potential. In process of getting a new roof installed. Perfectly located for student housing or rental income, this property promises a smart investment for the savvy investor. Property has off-street parking for added convenience. The upstairs units benefit from a shared laundry setup in the garage, while the downstairs unit...Investment Opportunity Alert! Welcome to this fantastic triplex strategically positioned near the University of Nevada, offering a lucrative blend of convenience and income potential. In process of getting a new roof installed. Perfectly located for student housing or rental income, this property promises a smart investment for the savvy investor. Property has off-street parking for added convenience. The upstairs units benefit from a shared laundry setup in the garage, while the downstairs unit enjoys
  1. Listed by Michael Wood • RE/MAX Professionals-Reno

Property Details for 1320 Buena Vista Avenue

Zoning Actual
MF14
Total Parking Capacity
4

Location

Listing Courtesy of RE/MAX Professionals-Reno, Michael Wood, License #6070
Add your commute
LISTING UPDATED: 04/22/2024 04:20 PM

Property Details for 1320 Buena Vista Avenue

StatusUnder Contract - No Show
MLS #240004020
Days on Compass8
Taxes$1,472 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex/ Triplex/ 4-Plex
Year Built1962
Lot Size0.14 AC / 6,098 SF
CountyWashoe County

Location

Listing Courtesy of RE/MAX Professionals-Reno, Michael Wood, License #6070
Add your commute

Building Information for 1320 Buena Vista Avenue

Stories1Residences-Year Built1962Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$4,216 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$123

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1320 Buena Vista Avenue

Summary
Location and General Information
  • Area: Reno-Old Northwest
  • Zip: 89503
  • Geo Latitude: 39.541259
  • Geo Longitude: -119.821246
  • Geo Quality: 0.95
  • Geo Zoom Level: 17.0
  • Geo Address Line: 1320 Buena Vista Ave
  • Geo Primary City: Reno
  • Geo Subdivision: NV
  • Geo Postal Code: 89503
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 1320 Buena Vista Avenue
  • County: Washoe
  • Elementary School: Elmcast
  • Middle School: Clayton
  • High School: Reno
  • Xstreet/Directions: N.Sierra - College Dr
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $1,472.02
Parking
  • Parking Capacity per Unit: 2
  • Parking Types: Garage, Attached, Common
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1962.0
  • Acreage: 0.14
  • Type of Property: Duplex Triplex 4-Plex
  • Parcel #: 00710411
  • Complex Name: None
  • Gross Square Footage: 2849.0
Property and Assessments
  • Cap Rate: 3.00%
  • Documents On File: Rental/Leases
  • ADA Compliant: No
  • APOD Available: No
  • Construction: Masonry
  • HUD: No
  • Associated Document Count: 5
  • LVT Date: 04-15-2024
Utilities
  • Individually Metered: No
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Baseboard, Natural Gas, Hot Water System
  • Water Heater: Natural Gas
  • Windows: Double Pane, Vinyl Frame
  • Facility Features: Landlord Pays Utilities
  • Common Features: BBQ/Picnic Area
  • Unit Features: Blinds/Shades
  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Varies Per Unit
  • Laundry: Garage, Varies Per Unit
  • Flooring: Carpet, Laminate, Vinyl Tile, Wood, Varies by Unit
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Masonry Veneer, Wood Siding
  • Roof: Composition/Shingle, Pitched
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Internet Available, Cellular Coverage Avail
  • Landscaped: Fully Landscaped
  • Sprinklers: None
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 0
  • 1 Bedroom - # Units: 0
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 2
  • 2 Bedroom - # Units: 2
  • 2 Bedroom - SqFt/Unit: 860
  • 2 Bedroom - Avg Rent/Unit: 1000
  • 3 Bedroom - # Baths: 1
  • 3 Bedroom - # Units: 1
  • 3 Bedroom - SqFt/Unit: 1160
  • 3 Bedroom - Avg Rent/Unit: 1200
  • 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: 1
  • # Units: 3
  • Stories: 1 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $12,500.00
  • Annual Income & Expenses: Actual
  • Gross Scheduled Income: $38,400.00
  • Net Operating Income: $25,900.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 8
  • DOMLS: 8
  • Cumulative DOM: 8
  • Cumulative DOMLS: 8
  • Possession: Subject to Tenants
  • Sale/Lease: For Sale
  • Contact Name: Mike Wood
  • Contact Phone: 775-250-2007
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: Month to Month

Property History for 1320 Buena Vista Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1320 Buena Vista Avenue

Taxable ValueLand$56,700Additions$28,586Total$85,286
Tax Record2023$1,472 ($123 / month)
Home Facts
Baths3Total Finished SqFt2,849 SqFtAbove Grade Finished SqFt1,689 SqFtFinished Basement SqFt1,160 SqFtStories1Lot Size6,000 SqFtStyleTriplexYear Built1962ZoningMF14CountyWASHOEAPN007-104-11

Schools near 1320 Buena Vista Avenue

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Elmcrest Elementary School
PublicPK to 6

Archie Clayton Middle School
Public6 to 8

Reno High School
Public9 to 12

Coral Academy Charter School Elementary
CharterK to 4

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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 RE/MAX Professionals-Reno, Michael Wood, License #6070

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.