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3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo
3271 Gypsum Road, Reno, NV 89503 Photo

6 Photos

3271 Gypsum Road
Reno, NV 89503
$1,100,000
8 Beds | 4 Baths | 4608 sqft | 0.40 Acreage

FOURPLEX INVESTMENT OPPORTUNITY NEAR UNR! Excellent investment opportunity near the University of Nevada, Reno! This well-located fourplex features four spacious 2-bedroom, 1-bathroom residences, each offering an oversized living room with a wood-burning fireplace, a functional galley kitchen with a dining nook, generously sized bedrooms, an assigned one-car garage, and additional private storage. All units seperatly metered, there is a fifth meter for water/power for the Laundry room. For added tenant convenience, the property offers an on-site coin-operated washer and dryer. All four units are currently occupied by long-term tenants, providing an established rental history and income potential. Ideally situated near UNR, shopping, dining, public transportation, and everyday amenities, this property presents an excellent opportunity for investors looking to expand their real estate portfolio. ADDITIONAL INVESTMENT OPPORTUNITY! Two additional fourplexes are available for purchase, offering the potential to acquire up to 12 units as part of a bundled investment. See Associated Documents for additional property information, including individual unit cash flow details. Contact the listing agent for details on the two additional fourplexes and potential package purchase options.

Listed By / Presented By

Listed By

Agency Name: Dickson Realty - Sparks
Agent Name: Felisa Cusimano-Martin
Agency Phone: 775-685-8800
Agent Phone: 775-250-8033

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Presented By

Agent Name: Kristen Carroll
Agent Phone: 775.850.5935
Agency Title: Chase International Real Estate

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Contact Agent(s) for More Information

Property Details

Property Type: Multi Unit - Multiple
Fireplaces: 4
Heating: Wall Furnace
Lot Size: 0.40 Acres
Roof Type: Composition, Shingle
Taxes: $2,735
Year Built: 1964
MLS ID: 260012260

Units

Studio Units:
Bathroom(s): 1
Rent: $1238.00
Square Footage: 1152
1 Bedroom Units:
Bathroom(s): 1
Rent: $1186.00
Square Footage: 1152
2 Bedroom Units:
Bathroom(s): 1
Rent: $1091.00
Square Footage: 1152
3 Bedroom Units:
Bathroom(s): 1
Rent: $1241.00
Square Footage: 1152

Feature Descriptions

Appliances: Dishwasher, Electric Range
Construction Type: Site/Stick-Built
Days on Site: 26
Exterior: Brick Veneer, Wood Siding
Fireplace: Free Standing, Wood Burning
Fireplace Y/N: Yes
Flooring: Carpet, Vinyl
Foundation: Other
Heating Y/N: Yes
Laundry Features: Varies By Unit
Lot Features: Cul-De-Sac
OtherStructures: None
Owner Pays: Common Area Maintenance, Exterior Maintenance, Sewer, Trash Collection
Parcel #: 003-275-06
Parking: Attached, Garage
Pool Features: None
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Sprinklers: None
Tenant Pays: Electricity, Water
Units: 4
Units Furnished: None
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Window Features: Metal Frames, Single Pane Windows, Vinyl Frames, Aluminum Frames, Blinds, Varies

Amenities

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Schools

High School: McQueen
Middle School: Clayton
Elementary School: Elmcrest

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Demographics

Estimate My Payments

  • Estimated Payment
    $2,996.87
  • Principal & Interest
    $2,448.12
  • Property Tax
    $227.92
  • Homeowner's Insurance
    $320.83
(Payments are an estimate and may vary by lender)

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