UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,891 sqft
Price per Sqft $242
Subdivision Southwest Terrace 3
MLS Listing ID 250050882
Bedrooms 4
Full Baths 3
Year Built 1975
Annual Tax Amount $3,103
Lot Size 0.297 Acres
Acres 0.3
Lot Dimensions 0.3
Property Sub-Type Single Family Residence
Property Description
Built in 1975, the home retains its original charm with a unique indoor brick fireplace + built-in BBQ, side parking for an RV, walnut paneling, and a light-filled sunroom offering a solid foundation for value-add improvements. With some cosmetic updates, this home has the potential to generate strong appreciation or rental cash flow.
Strong rental demand in Southwest Reno
Zoned for top-rated schools
Spacious floorplan with large bedrooms
Opportunity to modernize and increase value
Estimated ARV significantly higher with updates
No HOA
Surrounded by mature landscaping and perched for potential city views, this property could easily be repositioned as a high end rental, flip, or long-term hold in a tight inventory market.
Investor-ready and priced with potential in mind. Schedule your showing and start running the numbers this is the type of deal that doesn't last.
Location
State NV
County Washoe
Community Southwest Terrace 3
Area Southwest Terrace 3
Zoning SF5
Rooms
Family Room Great Rooms
Other Rooms Bonus Room
Dining Room Family Room Combination
Kitchen Breakfast Bar
Interior
Interior Features High Ceilings
Heating Electric, Forced Air
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Wood Burning
Fireplace Yes
Appliance Additional Refrigerator(s)
Laundry In Hall
Exterior
Exterior Feature Dog Run
Parking Features Additional Parking, Garage, Garage Door Opener
Garage Spaces 736.0
Pool None
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
View Y/N Yes
View City
Roof Type Composition
Total Parking Spaces 736
Garage No
Building
Lot Description Sloped Up
Story 1
Foundation Crawl Space
Water Public
Structure Type Brick
New Construction No
Schools
Elementary Schools Caughlin Ranch
Middle Schools Swope
High Schools Reno
Others
Tax ID 023-242-08
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan
Special Listing Condition Standard