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For sale 19 days ago

$399,000

4 bd 4+ ba 1386 sqft

200 Talus Way Apt 512, Reno, NV 89503

Residential Condo Occupied

Current Rent **

$2,145

Projected Rent **

$2,860

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

4 Bed 4 Bath Furnished Rental - Reno, NV

PRICED BELOW COMPS! This spacious 4-bedroom, 4-bathroom fully furnished first floor condo offers a unique opportunity for investors in a prime location minutes from UNR (University of Nevada, Reno) and downtown which is ideal for students and professionals. Rental history at $2,860 available upon request. Each bedroom features its own private bathroom and walk-in closet, providing unparalleled convenience and privacy for residents. The open concept living/kitchen area adds to the appeal, creating a welcoming space for relaxation and entertaining. Recent upgrades include stainless steel appliances and a washer/dryer installed in 2018, replacement of the HVAC system in 2019, and the entire roof replaced in December of 2023. Additionally, the unit comes fully furnished in each bedroom as well as the main living room, offering a turnkey solution for buyers. With its proximity to the University of Nevada, Reno (UNR) and downtown, along with modern amenities and stylish finishes, this condo presents an exceptional opportunity for those seeking upscale living in Northwest Reno, as well as individuals looking to have a rental in a prime location. HOA fee covers water, trash and exterior building maintenance. Also has a community gym and pool for residents to enjoy! TENANT OCCUPIED - PLEASE DO NOT DISTURB TENANTS. 24 hour notice for showings required. Contact listing agent to schedule a showing! For investors, contact listing agent for complete investment analysis.

Location:

200 Talus Way Apt 512, Reno, NV 89503

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.