For Sale
$1,285,000

60 Keystone AveReno, NV 89503

Six-unit, fully occupied, strong cash flow.

Overview

Added:
Jan 24
Days on market:
75
This exceptional investment opportunity presents a well-maintained, six-unit apartment building ideally situated in Reno, Nevada. The property, located at 60 Keystone Avenue, boasts a total of 5,418 square feet on a 0.161-acre lot. Constructed in 1965, this two-story building is classified as a Class B multifamily property and currently enjoys 100% occupancy, providing immediate and substantial cash flow. Each of the six units contributes to the property's strong rental income. The property's zoning is designated MD-PD, offering potential for future development or expansion. The convenient location near downtown Reno provides residents with easy access to a variety of amenities, including restaurants, shopping, and entertainment. The property's strong occupancy rate, combined with its prime location and solid construction, makes it an attractive investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio. The asking price is $1,285,000. The Assessor's Parcel Number (APN) is 011-083-11. This is a rare opportunity to acquire a well-performing multifamily asset in a thriving Nevada market.

Highlights

  • $1,285,000 asking price for this multifamily investment opportunity.
  • Six-unit apartment building in Reno, Nevada.
  • 5,418 square feet on a 0.161-acre lot.
  • 100% occupancy.
  • Built in 1965, this two-story Class B building is located at 60 Keystone Ave, Reno, NV 89503.
  • APN: 011-083-11.

Property Details for 60 Keystone Ave

Property type
Apartment buildings
Square Feet
5,418 SF
Class
B
Year Built
1965
Buildings
1
Stories
2
Lot Size (sq. ft)
7,013 SF
Units
6

Location Insight

City
Reno
County
Washoe
State
Nevada
Latitude
39.5224916
Longitude
-119.824718
60 Keystone Ave, Reno, Nevada

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
60 Keystone Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message