See Home Value
Reno 89512
655 Quincy St.
$811,607*
Multifamily - Off Market

655 Quincy St.

Reno, NV 89512
bedrooms
Studio
bathrooms
0 Bath
$563,000 - $687,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Investor alert, 6 Plex just a few blocks from downtown Reno and only 1 mile to the University of Nevada. Built in 1981, this multi-family building has 4 two-bedroom units and 2 one-bedroom units.  Seller has already performed all inspections and reports are available for qualified buyers. Once fair market rents are established, this property will be a 7-8% cap rate. New HVAC units in 4 apartments just completed. All units are currently occupied. Please do not disturb tenants and do not enter the premises.  Listing Agent: Jeff Haas Email Address: [email protected] Broker: Sierra Realty, LLC Cash purchase only.  Buyer and buyers agents to do their own due diligence pertaining to inspections and Wells Expansion Project.  Also see attached document titled "3 options for Wells Expansion Project" under Associated Documents Tab.      Agents see the Associated Documents tab.  Rents are extremely low compared to comparable properties in the area. All tenants on month to month, and all units are occupied.  Information contained in this listing is deemed accurate but not guaranteed.  Buyer and buyers agent to verify all.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$2,628
HOA Dues
-
Year Built
1981

Price History

Date / Event Date Event Price
Jan 13, 2021 No longer available -
No longer available
Dec 31, 2020 Relisted $625,000
Relisted
Dec 30, 2020 No longer available -
No longer available
Oct 17, 2020 Price Decreased $625,000
↓ $50K (7.4%)
Price Decreased
Sep 20, 2020 Price Decreased $675,000
↓ $15K (2.2%)
Price Decreased
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$650,000 Apr 5, 2022
-
$790/mo
Multifamily
Stu
-
-
$535,000 Nov 4, 2022
-
$153/mo
Multifamily
Stu
-
-
$699,000 Jan 1, 2023
-
$1,955/mo
Multifamily
Stu
-
-
$664,000 Aug 2, 2019
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200821
08/21/2020
Studio
-
-
$700,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

655 Quincy Street 655 Quincy Street, Reno, NV 89512
More about this Building
655 Quincy Street
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About Reno


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