Description
The Capitol Apartments consists of 4 total units, on a large lot with potential to build additional units. One unit is currently vacant for potential owner occupant financing but could be leased for an investor looking for a fully leased asset. Located in Reno, NV bordering both the MidTown Reno and the Wells Avenue Districts, this asset offers three 1 bed units and one 3 bed unit with the potential to add additional units in the future. Units have been renovated to more modern finishes which include LVP flooring, upgraded appliances, newer countertops, lighting, kitchen and bathroom, new exterior and interior paint, pavered patios, new roofs, new windows and doors, two new furnaces as well as plumbing and electrical updates. The asset is market rate housing, located within the Wells rental submarket which offers great access to restaurants, downtown Reno, Renown Medical Center, retail centers, bus lines, and community events all just steps from their front door.
Details
| MLS # | 260007314 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1954 |
| Days On Site | 73 |
| Listing Provided By | RE/MAX Gold | Angela Beard |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,288 |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | MF-30 |
| Acreage | 0.20 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Window Features | Double Pane Windows, Vinyl Frames |
| Appliances | Oven, Dishwasher, Gas Range, Refrigerator |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition, Pitched |
|---|---|
| Exterior Features | None |
| Security Features | Smoke Detector(s) |
| Lot Features | Level |
| Construction Materials | Asbestos, Wood Siding |
| Foundation Details | Crawl Space |
| Fencing | Partial |
Parking
| Parking Features | Common |
|---|---|
| Attached Garage Yes / No | No |
Utilities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Senior Community Yes / No | No |
|---|
Taxes
| Property | 1306 |
|---|
Area Information
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Southside |
| School District | Wooster |
| Elementary School | Veterans |
| High School | Wooster |
| Listing VS Median (in Southside) | |
Price: $840,000 low | high Med: $840,000 sqft: 2,288 low | high Med: 2,288 $ / sqft: $367 low | high Med: $367 On site: 73 low | high Med: 73 | |
Market Activity 89502
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Learn More About This Property
| State | NV |
|---|---|
| County | Washoe |
| City | Reno |
| Zip Code | 89502 |
| Area | Washoe |
| Community Name | Southside |
| School District | Wooster |
| Elementary School | Veterans |
| High School | Wooster |
| Listing VS Median (in Southside) | |
Price: $840,000 low | high Med: $840,000 sqft: 2,288 low | high Med: 2,288 $ / sqft: $367 low | high Med: $367 On site: 73 low | high Med: 73 | |
