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1145 Kirman Avenue, Reno, NV 89502

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For Sale

$389,000

4 baths • 2,236 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $173.97
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

Fixer-Upper Investment Opportunity - 1145 Kirman Ave, Reno, NV - $389,000 Unlock the potential of 1145 Kirman Ave, a promising multi-family property in Reno that presents a great investment opportunity at an attractive price of $389,000! This property features two units, each offering 1,118 square feet of space , with 3 bedrooms and 1 bathroom, perfect for generating rental income. Investment Highlights: - Dual Income Potential: With projected rental incomes of $2,250 for the upper unit and$2,000 for the lower unit, you can realize strong returns as you complete the necessary renovations. - Value-Add Opportunity: The price reflects the needs for interior finishes that will allow you to add your personal touch. The lower unit requires a complete build-out from the studs forward, while the upper unit needs some new interior doors, flooring repairs, and miscellaneous improvements. - Spacious Layout: Each unit features a practical floor plan with ample living space, providing comfort and convenience for tenants. Prime Location: Strategically located, this property offers easy access to local amenities, schools, and parks, ensuring a desirable living environment for future tenants. The vibrant Reno community, coupled with outdoor recreational opportunities and cultural attractions, makes this an appealing place to call home. Don't Miss Out: this price is only $173.97 per square foot... Whether you're an experienced investor looking to expand your portfolio or a savvy homeowner wanting to create a dual living situation, 1145 Kirman Ave is a fantastic opportunity. The potential for significant cash flow, once renovations are completed, makes this property a worthwhile investment. Schedule a viewing today and imagine the possibilities for returning this multi-family home to its full glory!
MLS# 250051860

Courtesy Of Greathouse Real Estate Company

(775) 786-1010

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Double Pane Windows
  • Appliances
    Dishwasher
  • Exterior Type
    Brick
  • Fireplace
    Fireplace
  • Floor Covering
    Tile, Concrete, Wood
  • Lot Size
    0.12 Acres

Map and Directions

Directions to 1145 Kirman Avenue, Reno, NV 89502

Home seller CENTURY 21 Americana

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CENTURY 21 Americana

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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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