USD $590,000

240 Bisby Street, Reno, NV, 89512, US

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Sold

Listing Courtesy of eXp Realty, LLC

5 Bd

2 Ba

1,960 sq.ft

MLS#: 250004874

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.

Subtype
Single Family Residence
Price Per Sq Ft
$301.02
Year Built
1948
Living Area (Sq Ft)
1,960 sq.ft
Stories
1
Tax Annual Amount
$964.94
Lot Size (Acres)
0.24
Heating
Forced Air, Natural Gas
County
Washoe

Property Details

Interior Features
Utilities
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Source
Public
Sewer
Public Sewer
Exterior Features
Patio And Porch Features
Patio
Fencing
Back Yard
Construction
Property Type
Residential
Year Built
1948
Property Subtype
Single Family Residence
Foundation Details
Slab
New Construction
No
Roof
Composition, Shingle
Building Area Total
1960
Parking
Garage
No

Location

NV
Reno
89512
Washoe
240 Bisby Street

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