2 months on rocket

1050 W 2nd St, Reno, NV, 89503

$1,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1050 W 2nd St, Reno$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1932
HeatingNatural Gas, Forced Air
MLS #240011335
Lot Size0.07 Acres
StatusActive
(ACTIVE)

About 1050 W 2nd St

Investment Opportunity: 5-Unit Apartment Building Property Overview: Welcome to this exceptional investment opportunity! This well-maintained 5-unit apartment building features a total of 6 bedrooms and 6 bathrooms, offering a versatile rental option in a prime location. With a mix of one-bedroom and two-bedroom units, this property promises both immediate rental income and long-term potential.

Property Details

Property Features

Property Information:

  • Year Built: 1932
  • Stories: 3

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 391-9076
  • Listing Agent: Laura Kirsch

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Vinyl Tile, Wood, Varies by Unit
  • Interior: Smoke Detector, Vaulted/Cathedral Ceiling(s)

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Keyston

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000

Tax Information:

  • Annual Amount: $1,703
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Reno, NV.

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Reno, NV

City

Med. Sold Price

$570.6K

Med. Price/SqFt

$323

Avg. Days On Market

78

# of Sold Homes

304

1050 W 2nd St vs Reno

74 DAYS ON ROCKET

-4 Days

$1,250,000

+$679.3K More

KEY TAKEAWAY

This property is $679.3K more than the Median Sold Price in Reno, NV.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #240011335

Listing Office:

  • Office Name: Marmot Properties, LLC
  • Office Phone: (775) 391-9076
  • Listing Agent: Laura Kirsch

IDX Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 23, 2015Home Sold
$477,000
Jul 28, 2006Home Sold
$422,500

Tax History

YEARPROP. TAXASSESSMENT
2020$1,703$66,341
2019$1,526$61,718
2018$1,459$55,453
2017$1,398$53,195

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-699906
9
/10

  • Mount Rose Elementary School

  • 915 Lander St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-699907
3
/10

  • Elmcrest Elementary School

  • 855 McDonald Dr

  • 1.01 miles

  • Public District Grades KG-5

school-card-donut-699908
8
/10

  • Hunter Lake Elementary School

  • 909 Hunter Lake Dr

  • 1.02 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,771. Most Reno, NV residents have annual incomes less than $35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Nevada›Washoe County›Reno›89503›1050 W 2nd St

This home is located at 1050 W 2nd St in Reno, NV and zip code 89503. This home, which was built in 1932, sits on a 0.07 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $1,250,000.

Over 51 listings were sold over their listed price in October 2024 in Reno, NV. In the same period over 165 listings were sold below the listed price and 88 listings were sold for the listed price. In October 2024 in Reno, NV there were 1.9% more homes for sale than in September 2024. While the average time on the market in October 2024 was 78 days, the median list price was $570,655.

From Rocket Homes Real Estate and based on county public records data.

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