1101 East Taylor Street

Reno, NV 89502

$1,900,000
Price
12
Beds
1
Bath
4,760 Sq. Ft.
$399 / Sq. Ft.
4,760
Sq. Ft.
$399
per Sq. Ft.

Description

Charming Turn-Key Multifamily Investment Near Midtown Reno and Renown Hospital. Welcome to an excellent investment opportunity in the heart of Reno. This listing features a well-maintained, fully renovated multifamily property with six spacious 2 bed/1 bath units, ideal for investors looking for hassle-free ownership. Built in 1962, this property has a total of 4,760 square feet, with a solid gross annual income of $111,744 and 4.5% cap rate with upside potential.Charming Turn-Key Multifamily Investment Near Midtown Reno and Renown Hospital. Welcome to an excellent investment opportunity in the heart of Reno. This listing features a well-maintained, fully renovated multifamily property with six spacious 2 bed/1 bath units, ideal for investors looking for hassle-free ownership. Built in 1962, this property has a total of 4,760 square feet, with a solid gross annual income of $111,744 and 4.5% cap rate with upside potential.
  1. Listed by Trevor Richardson • Address Income

Property Details for 1101 East Taylor Street

Zoning Actual
MF14
Total Parking Capacity
10
LISTING UPDATED: 07/12/2024 11:11 PM

Property Details for 1101 East Taylor Street

StatusActive
MLS #240008564
Days on Compass101
Taxes$2,680 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1962
Lot Size0.20 AC / 8,799 SF
CountyWashoe County

Building Information for 1101 East Taylor Street

Stories2Residences-Year Built1962Building Size-Lot Size0.20 AC / 8,799 SF

Property Information for 1101 East Taylor Street

Summary
Location and General Information
  • Geo Latitude: 39.5175750416718
  • Geo Longitude: -119.793413295404
  • Geo Quality: 1.0
  • Geo Zoom Level: 17.0
  • Geo Address Line: 1101 E St
  • Geo Primary City: Taylor
  • Geo Subdivision: UT
  • Geo Postal Code: 84401
  • Geo Match Code: 3
  • Geo Matched Method: 1
  • Address: 1101 E Taylor St
  • County: Washoe
  • Elementary School: Booth
  • Middle School: Vaughn
  • High School: Wooster
  • Xstreet/Directions: Yori Ave & E Taylor St
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $2,679.61
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: Designated Parking
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1962.0
  • Acreage: 0.202
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 01314117
  • Complex Name: E Taylor Apartments
  • Gross Square Footage: 4760.0
Property and Assessments
  • Documents On File: None
  • ADA Compliant: No
  • APOD Available: Yes
  • Construction: Masonry
  • HUD: No
  • Associated Document Count: 0
  • LVT Date: 07-08-2024
Utilities
  • Individually Metered: Yes
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Electric, Forced Air, Wall Heater, EnergyStar APPL 1 or More
  • Water Heater: Electric
  • Windows: Double Pane, Vinyl Frame, 100% Energy Star
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Primary Meter-Water, Separate Water Heaters, Tenant Pays Utilities
  • Common Features: BBQ/Picnic Area, Security Lighting
  • Unit Features: Blinds/Shades, Smoke Detector, Keyless Entry
  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Laundry: Separate, Common
  • Flooring: Laminate
Exterior Features
  • Foundation: Concrete/Crawl Space
  • Exterior: Brick
  • Roof: Flat
  • Utilities: City/County Water, City Sewer, Electricity, Natural Gas, Water Meter Installed, Internet Available, Cellular Coverage Avail
  • Landscaped: None
  • Sprinklers: None
  • Fenced: Back
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 0
  • 1 Bedroom - # Units: 0
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 0
  • 2 Bedroom - # Baths: 1
  • 2 Bedroom - # Units: 6
  • 2 Bedroom - SqFt/Unit: 793
  • 2 Bedroom - Avg Rent/Unit: 1600
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 1
  • # Units: 6
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $25,922.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $111,744.00
  • Net Operating Income: $85,822.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 32
  • DOMLS: 32
  • Cumulative DOM: 32
  • Cumulative DOMLS: 32
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Trevor Richardson
  • Contact Phone: 775 233 0754
Rental
Rent Information
  • Annual Vacancy: $3,456.00
  • Current Lease: Leases

Property History for 1101 East Taylor Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1101 East Taylor Street

Taxable ValueLand$74,083Additions$47,511Total$121,594
Tax Record2023$2,480 ($207 / month)
Home Facts
Baths6Total Finished SqFt4,760 SqFtAbove Grade Finished SqFt4,760 SqFtUnfinished Basement SqFt756 SqFtStories2Lot Size8,799 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962ZoningMF14CountyWASHOEAPN013-141-17

Schools near 1101 East Taylor Street

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Libby C Booth Elementary School
PublicPK to 5

E Otis Vaughn Middle School
Public6 to 8

Earl Wooster High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1101 East Taylor Street is a multi-family home for sale in Reno, NV 89502. This property was listed for sale on July 8, 2024 by Address Income, it's currently listed at $1,900,000. It has been on the market for a total of 101 days and was last sold on April 28, 2022. This listing's school district is Washoe County School District. Nearby schools include Libby C Booth Elementary School, E Otis Vaughn Middle School and Earl Wooster High School. 1101 East Taylor Street is a 12-bed, 1-bath, 4,760 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Address Income, Trevor Richardson, License #12756

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.