531 Mill St

3-Unit Brick Investment Property Minutes Away from Reno's Best Entertainment and Eateries This charming property with both a duplex and single family home is located just east of downtown Reno. All 3 units offer two bedrooms and one bathroom and an additional unfinished basement for renovation or storage space. Tons of opportunity for value-add with these spaces! Each unit has wood flooring and upgraded bathroom and kitchen finishes along with new plumbing, electrical, and new windows. The property comes with ample parking with both street and alley access. The duplex has been equipped with new roofing. Leases have been a mix of short term, long term and AirBNB bookings, grossing approximately $75,000 in 2023. This property is walking distance to the Reno Riverwalk District, Greater Nevada Field, and to Reno's best eateries, coffee shops, and bars.

1
bath

2,548 Sq.Ft. LIVING AREA

6,969.6 Sq.Ft. lot

Laura Kirsch

title Team Leader
PHONE 775.391.9076
EMAIL [email protected]
DRE # S.176875

Features & Amenities

Interior

Total bathroom1
Laundry room Hook-Up, Separate
Flooring Laminate, Varies by Unit, Wood
APPLIANCES Oven/Range, Refrigerator

Area & Lot

Status Sold
Living Area2,548 Sq.Ft.
Lot Area6,969.6 Sq.Ft.
MLS® ID240013036
TypeMulti-Family
YEAR BUILT1932
NeighborhoodReno
Elementary SchoolBooth
Middle SchoolVaughn
High SchoolWooster

Exterior

STORIES2
utilitiesCity/County Water, City Sewer, Electricity, Natural Gas
roofComposition/Shingle, Pitched
parkingCarport, Varies Per Unit
HEAT TYPECentral Refrig A/C, Natural Gas, Forced Air, Varies by Unit
AIR CONDITIONINGCentral Refrig A/C, Natural Gas, Forced Air, Varies by Unit
SubstructureConcrete Slab
security FeaturesFull
other exterior FeaturesBrick

Financial

Sales Price$905,000
Zoning MD-RD

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Contact Details

Kirsch Real Estate Team

Phone

775.391.9076

[email protected]

Address

960 S Virginia St Reno NV 89502

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