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Jaime Eannarino

eannarinorealty@gmail.com +1(760) 707-3406

$ 899,000

Est. payment -/mo

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175 Wonder ST Reno, NV 89502

6 Beds

3 Baths

2,592 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Income

Listing Status Active

Purchase Type For Sale

Square Footage 2,592 sqft

Price per Sqft $346

Subdivision Mccormick Addition

MLS Listing ID 260005476

Bedrooms 6

Year Built 1977

Annual Tax Amount $1,930

Lot Size 7,013 Sqft

Acres 0.16

Lot Dimensions 0.16

Property Sub-Type Income

Property Description

***Seller Financing Available*** This is a rare opportunity to own a cash-flowing multi-unit property in the heart of Midtown Reno. Just moments from Midtown's restaurants, shops, and downtown—yet tucked on a quiet and well kept residential street. The property features three units tenant occupied. New Roof on main house and garage. New flooring in all units save for upstairs duplex living and bedrooms. New paint. All units are 2 bed / 1 bath. The Main house (Wonder St) is 1,152 sq ft with basement, detached garage, and private yard built in 1942. The Duplex (alley access) built 1977, Is a two story, identical units, 720 sq ft each, offering functional layouts and strong rental demand. All units are currently rented, providing immediate income with additional upside through future rent increases or improvements. Zoned MF30, offering potential for further development of a **4th UNIT** and long-term value growth. Seller financing available with competitive interest rates and down payment terms, creating a unique opportunity for buyers looking to maximize leverage and returns. Ideal for: Investors seeking stable cash flow with flexible financing Owner-occupants looking to offset their mortgage. Buyers targeting Midtown appreciation and future expansion potential. Due to tenant occupancy, Please provide proof of funds/Approval Letter. Allow for 24 hours notice before showing. Please do not disturb tenants during any drive/walk by viewings

Location

State NV

County Washoe

Community Mccormick Addition

Area Mccormick Addition

Zoning MF40

Direction 171 Wonder is the main house. 175 & 177 are the Ally accessed Duplex

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Evaporative Cooling

Flooring Luxury Vinyl

Fireplace No

Laundry Varies By Unit

Exterior

Exterior Feature Balcony, Dog Run, Rain Gutters

Parking Features Alley Access, Detached, Garage

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Roof Type Asphalt,Pitched

Garage No

Building

Lot Description Level, Sprinklers In Front, Sprinklers In Rear

Story 2

Foundation Full Perimeter, Crawl Space

Water Public

Structure Type Brick,Frame,Wood Siding

Schools

Elementary Schools Veterans

Middle Schools Vaughn

High Schools Wooster

Others

Tax ID 013-226-13

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Owner May Carry, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Owner May Carry, VA Loan

Listed by Coldwell Banker Select Reno

Jaime Eannarino

Agent | License ID: S.0184288

+1(760) 707-3406

Jaime Eannarino

175 Wonder ST Reno, NV 89502

Key Details

Location

Interior

Exterior

Building

Schools

Others

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175 Wonder ST