See Home Value
Reno 89503 Chism
126 Gardner St.
$1,201,502*
Multifamily - Off Market

126 Gardner St.

Reno, NV 89503
bedrooms
Studio
bathrooms
0 Bath
$761,000 - $929,000
Reference Base Price*
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Do not go on property, view property from Gardner and Keystone alley only as not to alarm tenants. Interior and property access only after accepted offer. Prepare offers subject to inspection. This property consists of a building built in 1971 that is 3 stories.  Listing Agent: Cassie Craig Email Address: [email protected] Broker: RE/MAX Professionals On the bottom floor is 475 sq foot storage room with a garage door and common laundry, and 1 1 bed/1 bath unit. Seller proposes because of zoning a new owner may want to pursue city permission to convert that space to an additional 1 bedroom/1 bath unit. On the 2nd (main floor from Keystone Alley) and 3rd floor 92nd floor from keystone alley) are 2 - 2 bed/1 bath units and 2 2 bed/1.5 bath units. On Gardner St built in 1935 is a 878 sq ft 2 bed/1  bath home on same parcel. Currently, property is being contracted out to a company that handles subsidized housing. Contract rate is $6500/mo effective 10/1/19 on a month-month agreement but company is interested in signing 2 yr contract. Utilities: Tenant/Company pays gas and electric. Company reimburses owner on any tenant caused rehab needed for tenant turn over. Owner is responsible for regular building maintenance. Seller pays taxes, trash, sewer, water and insurance. Property zoned for up to 30 units (MF-30).
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,178
HOA Dues
-
Year Built
1935

Price History

Date / Event Date Event Price
Apr 15, 2020 No longer available -
No longer available
Oct 25, 2019 Price Decreased $845,000
↓ $55K (6.1%)
Price Decreased
Jul 15, 2019 Listed $900,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,600 ft²
$494/ft²
$790,000 Dec 30, 2022
-
$897/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190715
07/15/2019
Studio
-
-
$900,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

126 Gardner Street 126 Gardner Street, Reno, NV 89503
More about this Building
126 Gardner Street
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About Chism


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