540 West 2nd Street
540 West 2nd Street
Description
- Listed by Brandon Hapin • Keller Williams Group One Inc.
- Listed by Gloria Hapin • Keller Williams Group One Inc.
Property Details for 540 West 2nd Street
Location
Property Details for 540 West 2nd Street
| Status | Active |
|---|---|
| MLS # | 240005321 |
| Days on Compass | 37 |
| Taxes | $3,134 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Apartment Building (up to 8 Units) |
| Year Built | 1914 |
| Lot Size | 0.16 AC / 6,969 SF |
| County | Washoe County |
Location
Building Information for 540 West 2nd Street
Payment Calculator
$7,083 per month
30 year fixed, 7.25% Interest
$6,822
$261
$0
Property Information for 540 West 2nd Street
- Area: Reno-Downtown Core
- Zip: 89503-5342
- Geo Latitude: 39.525269
- Geo Longitude: -119.820802
- Geo Quality: 0.95
- Geo Zoom Level: 14.0
- Geo Address Line: 540 W 2nd St
- Geo Primary City: Reno
- Geo Subdivision: NV
- Geo Postal Code: 89503
- Geo Match Code: 0
- Geo Matched Method: 0
- Address: 540 W 2nd St
- County: Washoe
- Elementary School: Hunter Lake
- Middle School: Swope
- High School: Reno
- Xstreet/Directions: Bell St
- Source of Zoning: Assessor
- CC/R Restrictions: No
- Sliding Scale: No
- Taxes $: $3,134.34
- Parking Capacity per Unit: 0
- Parking Types: Garage, Detached, Common
- Class: Multi-Family
- Type: Multi-Family
- Source of SqFt: Assessor
- Year Built: 1914.0
- Acreage: 0.16
- Type of Property: Apartment Building (up to 8 Units)
- Parcel #: 01102217
- Complex Name: 540 W 2nd St
- Gross Square Footage: 4093.0
- Cap Rate: 5.00%
- Documents On File: Financial Statements
- ADA Compliant: No
- APOD Available: Yes
- Construction: Wood Frame
- Associated Document Count: 0
- LVT Date: 05-07-2024
- Individually Metered: Yes
- Heating/Cooling: Air Unit, Electric
- Water Heater: Electric
- Windows: Double Pane
- Facility Features: Separated Meters-Gas, Separate Meters-Electric, Central Water Heaters, Separate Heating/Cooling, Tenant Pays Utilities
- Common Features: BBQ/Picnic Area, Spa/Hot Tub, Storage Shed
- Unit Features: Balcony, Blinds/Shades, Drapes/Curtains, Furnished, Smoke Detector, Varies Per Unit
- Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Varies Per Unit
- Laundry: Common, Hall, Varies Per Unit
- Flooring: Carpet, Laminate, Sheet Vinyl, Wood, Varies by Unit
- Green Features: None
- Foundation: Basement/Unfinished, Stone
- Exterior: Vinyl Siding
- Roof: Composition/Shingle, Pitched
- Utilities: City/County Water, City Sewer, Electricity, Water Meter Installed
- Landscaped: Fully Landscaped
- Sprinklers: Automatic, Drip-Back, Front, Yes
- Fenced: Back
- Studio - # Baths: 1
- 1 Bedroom - # Baths: 1
- 1 Bedroom - # Units: 1
- 1 Bedroom - SqFt/Unit: 550
- 1 Bedroom - Avg Rent/Unit: 1650
- 2 Bedroom - # Baths: 1
- 2 Bedroom - # Units: 1
- 2 Bedroom - SqFt/Unit: 650
- 2 Bedroom - Avg Rent/Unit: 2100
- 3 Bedroom - # Baths: 2
- 3 Bedroom - # Units: 1
- 3 Bedroom - SqFt/Unit: 2000
- 3 Bedroom - Avg Rent/Unit: 2500
- 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: 2
- Studio - SqFt/Unit: 350
- Studio - Average/Unit: 1200
- # Buildings: 1
- # Units: 5
- Stories: 2 Story
- Annual Debt Service: $.00
- Annual Expenses: $55,440.00
- Annual Income & Expenses: Pro Forma
- Gross Scheduled Income: $168,000.00
- Net Operating Income: $78,960.00
- Showing Instructions: ShowingTime
- Sale/Rent: For Sale
- DOM: 27
- DOMLS: 27
- Cumulative DOM: 27
- Cumulative DOMLS: 27
- Possession: Subject to Tenants
- Sale/Lease: For Sale
- Contact Name: Brandon
- Contact Phone: (775)400-5338
- Annual Vacancy: $33,600.00
- Current Lease: None
Property History for 540 West 2nd Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 540 West 2nd Street
Schools near 540 West 2nd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Hunter Lake Elementary School PublicPK to 6 | ||
Darrell C Swope Middle School Public6 to 8 | ||
Reno High School Public9 to 12 | ||
Washoe Innovations Academy PublicPK 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.
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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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Group One Inc., Brandon Hapin, License #15697; Keller Williams Group One Inc., Gloria Hapin, License #12104
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.