$475,000
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520 Sinclair, Reno, NV 89501

- Beds
0 Baths
920 Sq Ft

Amazing business opportunity to own and operate a profitable income producing property with strong earning history. Tastefully remodeled Victorian style duplex has been set up as a vacation rental utilizing AirBnB and is situated on a trendy block of MidTown which has been completely transformed. Property is nestled amongst a cluster of very high end, trendy properties and consists of two studio units equipped with on-demand water heater and super efficient Split-System heating and cooling., The remodel was just completed a year ago and it comes fully furnished with creative, executive style decor and includes kitchenette with microwave, refrigerator, toaster oven and electric kettle. Also includes art from local street artists promoting the Reno/Tahoe scene. Walking distance from the Discovery Museum, Innevation center and dozens of shops and restaurants in MidTown and Downtown. The guests have given this property experience rave reviews on AirbnB and several have returned for multiple stays. At the current income rate and considering self-management you can earn a Cap rate of 6.0%. Common laundry facility on site used primarily for handy turnover cleanings.

  • MLS# 210000942
  • Date Listed01/25/2021
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.05 acres (2,178 sq. ft)
  • Sewer Public Sewer
  • Subdivision Ryland`S Addition
  • Property Type
  • County Washoe
  • Year Built 1922
  • Water Public
  • Square Feet 920 sq. ft
  • Price Per Sq. Ft $516.3

Interior Features

  • Appliances Dryer, Microwave, Refrigerator, Washer
  • Flooring Laminate
  • Cooling Electric
  • Heating Electric

Exterior / Lot Features

  • Roof Composition, Shingle
  • Lot Size Acres 0.05
  • Lot Size SQFT 2,178.00
  • Lot Features Landscaped, Sprinklers In Front, Sprinklers In Rear, Other

Financial Considerations

  • Tax Amount $625
  • Terms Cash, Conventional, FHA, VA Loan

Schools near 89501

Explore the local neighborhood highlights and top-rated schools near 89501 in Reno, NV.

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 89501

Discover key demographics, population statistics, and environmental insights for the Reno, NV area.

Population & Environment

Source: Sperling's Best Places

Walkability in NV / 89501

Source: Walk Score

95/100

Walker's Paradise

Walk Score ®

50/100

Good Transit

Transit Score ®

86/100

Very Bikeable

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.


Transit Summary

10 nearby routes: 10 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 23/100, Bike Score: 46/100.

Property Change History

Points of Interest near 520 Sinclair, Reno, NV 89501

Frequently Asked Questions for 520 Sinclair

Source: Realty.com

520 Sinclair, Reno, NV 89501 in Ryland`S Addition, Reno, NV 89501 is a residential income listed at $475,000. Highlights include 920 sq. ft., built in 1922, 0.05 acre lot, $516 per sq. ft.. Realty.com has 24 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 24 photos of 520 Sinclair.

Our records indicate that 520 Sinclair was built in 1922.

The full address for this home is 520 Sinclair, Reno, NV 89501.

520 Sinclair has been listed on Realty.com since Mon January 25, 2021

Daily errands do not require a car. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 42/100, Transit Score: 23/100, Bike Score: 46/100.

There are 3 schools assigned to this home. Check out the schools near 520 Sinclair. Libby C Booth Elementary School (Grades: PK - 5), E Otis Vaughn Middle School (Grades: 6 - 8), Earl Wooster High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Professionals-reno (tel: 775-345-3070)
Listing agent: Greg Rea (tel: 775-750-2793) (#10531)

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