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585 Elgin Ave, Reno, NV 89503
$375,000
585 Elgin Ave, Reno, NV 89503View this property at 585 Elgin Ave, Reno, NV 89503
585 Elgin AveRenoNV89503
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Property Description
INVESTORS SPECIAL!!!! This property offers a prime location with stunning views of downtown Reno. With NC mixed-use zoning, it presents a unique opportunity for either a triplex or commercial business. It's proximity to the university, hospitals, and downtown area adds to its appeal. Don't miss out on this versatile investment opportunity! This property has been a triplex, daycare, and was being converted into a restaurant. Right next door to bus stops, grocery stores, restaurants, and more! With its prime location, you can attract tenants easily and increase rental income. Put in some hard work in renovations and the value and equity will significantly increase. Property was previously a triplex but was being converted into a restaurant.
Full Property Details
Full Property Details for 585 Elgin Ave
General
- Sold For: $375,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 230012127
- Added to Site: 237 day(s) ago
Interior
- Flooring: Ceramic Tile
Exterior
- Color: Clayton
Parking
- Parking: Designated Parking
Location
- County: Washoe
- Neighborhood: Reno-Old Northwest
- Driving Directions: Corner of 6th and Elgin
School Information
- Elementary School: Elmcast
- Middle School: Clayton
Heating & Cooling
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Structural Information
- Construction: Wood Frame
- Exterior Const.: Wood Siding
- Roof: Composition/Shingle
- Disability Access: Public
- Stories/Levels: 1 Story
- Year Built: 1961
Unit Information
- Units in Building: 3
- Unit Features: None
Lot Features
- Zoning: NC
Financial Considerations
- Price Per Sq. Ft.: $182.22
- Assessment Amount: $1,961
Disclosures and Reports
- Documents Avail.: None
- Restrictions: Yes
- APN: 616405
Listed by RE/MAX Gold-Midtown, Rosabella Bellamy (907) 399-7673 and RE/MAX Gold-Midtown, Eric Gonzales (775) 560-8857
Sold by Harcourts Vanguard, Natalie Dominguez
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Schools
Schools serving 585 Elgin Ave
School District:Washoe County School District
Rating | Name | Grades | Distance |
---|---|---|---|
855 McDonald Dr, Reno, NV 89503 | K-5 | 0.5 mi | |
1295 Wyoming Ave, Reno, NV 89503 | 6-8 | 0.9 mi | |
395 Booth St, Reno, NV 89509 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 585 Elgin Ave
Date
Details
Price
Change
Source
4/30/2024
Sold
$375,000
-10.71%
MLS
4/02/2024
Price Reduced
$420,000
-12.48%
MLS
1/26/2024
Price Reduced
$479,900
-10.3%
MLS
10/16/2023
Listed
$535,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
585 Elgin Ave, Reno, NV 89503 (MLS# 230012127) is a Multi-Family property that was sold at $375,000 on April 30, 2024. Want to learn more about 585 Elgin Ave? Do you have questions about finding other Multi-Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.