Homes for sale - 214 Stewart ST Street, Reno, NV 89501

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Anthony "Tony" Smith

tony@anthonysmith-realestate.com +1(510) 812-4999

$ 1,250,000

Est. payment | -/mo

3,484 Sqft Lot

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$ 1,250,000

Est. payment | -/mo

Save

3,484 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240010908

Year Built 1926

Annual Tax Amount $2,279

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 0.08

Property Sub-Type Multi Family

Property Description

Welcome to "The Victorian House" at 214 Stewart, a meticulously renovated Victorian home transformed into a charming five-unit apartment building. Nestled between the vibrant districts of midtown and downtown, this property enjoys prime positioning, offering easy access to key cultural attractions and bustling city life, ensuring a high demand from tenants., This exquisite property comprises two studio units and three one-bedroom units, with two of the studios and one one-bedroom unit presented fully furnished, ready for immediate occupancy. The seller has spared no expense in the permitted renovation, stripping the building down to the studs and meticulously refurbishing it to achieve its current splendid condition. "The Victorian House" masterfully blends period charm with modern touches, creating an appealing and comfortable living environment that attracts high-quality tenants and commands top market rents. The kitchens in each unit are finished with timeless elegance, featuring full wall subway tile backsplashes and carrara quartz countertops that speak to the property's sophisticated aesthetic. Comfort is paramount, with each unit equipped with its own dedicated minisplit heat pump system, providing efficient cooling and heating to ensure tenant satisfaction throughout the seasons. The landlord covers all utilities excluding electricity which is sub-metered for each individual unit using Emporia Energy technology and paid for by the respective tenants. The property features four dedicated exterior spaces that are private to the tenants of units 1, 2 and 3. The property features common areas including the front patio, hallway, stairs to the second floor and basement (which the landlord permits tenants to store additional personal property in). The property is set-up for easy remote management with every single door knob wifi enabled on the house internet allowing the landlord to grant vendors codes as needed to open doors in the property. Each unit is also well-appointed with essential appliances including washers, dryers, refrigerators, cook surfaces, and microwaves, ensuring all the comforts of modern living are at hand. "The Victorian House" is not just a building; it's a turnkey investment opportunity already operating at an exceptional standard. This property offers not only immediate cash flow but also potential for significant appreciation in the thriving Reno market. For more information, potential financing options, or to explore the property further, including financials, property inspection details, disclosures, and a 3D Matterport walkthrough model, please reach out to the listing agent. This is a rare opportunity to own a piece of Reno's heritage with the modern conveniences and income potential that today's investors seek.

Location

State NV

County Washoe

Zoning MU-MC

Direction Holcomb/Stewart

Interior

Heating Electric, Heat Pump

Cooling Central Air, Electric, Refrigerated

Flooring Ceramic Tile

Laundry In Unit

Exterior

Utilities Available Electricity Available, Internet Available, Natural Gas Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Composition,Pitched,Shingle

Building

Lot Description Landscaped, Other

Story 2

Foundation Stone

Water Public

Structure Type Frame,Wood Siding

Others

Tax ID 01167102

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Listed by TrueNest Properties

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(510) 812-4999

tony@anthonysmith-realestate.com

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