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453 Poplar St. Reno NV 89512 | MLS 180018399

453 Poplar St.
Reno, NV, 89512
$699,000
Beds
Baths
2,280 SqFt
0.25 Acres
UNIQUE INVESTMENT OPPORTUNITY!! Existing turn-key triplex with excess buildable land in EXTREMELY CLOSE PROXIMITY TO UNR. Existing triplex “valued” at $400K based on a 6.26% CAP rate at actual income and expenses. Excess buildable land “valued” at $349k based on recent sold land comps. of $70 per sq.ft. in the immediate area (comps. support $60-$80 per sq.ft.). Total lot size is 10,837 sq.ft. with approx. 5000 sq.ft. being buildable. Zero lot line w/ 10 foot set back to build. **Buyer to verify all info

Property Details

Price:
$699,000
MLS #:
180018399
Status:
ACTIVE
Address:
453 Poplar St.
Type:
Multi Family
City:
Reno
Listed Date:
Dec 27, 2018 (263 days)
State:
NV
Square Ft (approx):
2,280
ZIP:
89512
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1948

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Courtesy of DL Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Northern Nevada Regional MLS. Detailed information about real estate listings held by brokerage firms other than Got It! Real Estate include the name of the listing broker. Neither the listing company nor Got It! Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2019. Northern Nevada Regional MLS. All rights reserved.
453 Poplar St.
Reno, NV