240 Bisby St Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89512
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $301
Subdivision Nv
MLS Listing ID 250004874
Bedrooms 5
Full Baths 2
Year Built 1948
Annual Tax Amount $964
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Single Family Residence
Property Description
Rare LEGAL 5-bedroom home steps from UNR w/strong rental history & tenant through July 2026. A full gut $45K basement remodel completed 1/2025, legally adding 2 bedrooms, bonus kitchenette, & living area. Taxes only $965! Large lot & backyard offer ADU potential for even greater revenue potential (w/permit). Great income property w/immediate cash flow. The seller is only selling to do a 1031 exchange. Own w/confidence, knowing basement is safe w/legal egress for tenants! Investor rate of 6.375% available! Lease buyout maybe possible if buyer wants to occupy or start with fresh tenants. One of the owners is a real estate licensee.
Location
State NV
County Washoe
Zoning Sf8
Rooms
Family Room Separate
Other Rooms Yes,Basement - Finished
Dining Room Kitchen Combo
Kitchen Built-In Dishwasher,Garbage Disposal,Microwave Built-In
Interior
Interior Features Blinds - Shades,Smoke Detector(s)
Heating Natural Gas,Forced Air
Cooling Natural Gas,Forced Air
Flooring Ceramic Tile,Sheet Vinyl,Wood
Fireplaces Type None
Appliance Dryer,Gas Range - Oven,Washer
Laundry Laundry Room,Yes
Exterior
Exterior Feature None - N/A
Parking Features None
Fence Back
Community Features No Amenities
Utilities Available Electricity,Natural Gas,City - County Water,City Sewer,Cable,Telephone,Water Meter Installed,Internet Available,Centralized Data Panel
Roof Type Composition - Shingle,Pitched
Building
Story 1 Story
Foundation Concrete Slab
Level or Stories 1 Story
Structure Type Site/Stick-Built
Schools
Elementary Schools Lemelson Stem Academy
Middle Schools Traner
High Schools Hug
Others
Tax ID 00703304
Ownership No
Horse Property No
Special Listing Condition None
Virtual Tour https://robsimpsonphotography.com/240-Bisby-St/idx