1221 E 9th Active

Reno,NV 89512

$ 299000

- Bed

0 Bath

- SqFt


Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Ferraris Addition

MLS Listing ID 250000979

Annual Tax Amount $272

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 0.17

Property Description

Investor Alert! This cleared and level corner lot offers incredible potential to develop multifamily units, commercial spaces with residential above, or a single-family home. The electricity has been upgraded to accommodate a quadplex and the lot comes with plans for a quadplex. Strategically located across from the Washoe County Administrative Complex and Senior Citizens Center with close proximity to UNR, downtown, and TMCC, this lot offers the ideal balance of convenience and opportunity., Current owner has spent over $90,000 demolishing existing buildings, leveling and rough grading the lot, designing plans for a quadplex, and upgrading the electricity. Whether you're a developer or an investor looking to capitalize on Reno's growing market, this property is a must-see.

Location

State NV

County Washoe

Community Ferraris Addition

Area Ferraris Addition

Zoning PO

Direction Sutro to E. 9th

Exterior

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available

View Y/N No

Building

Lot Description Corner Lot,Level,Open Lot,Cleared,Corners Marked,Curbs,Sidewalks

Water Public

Schools

Elementary Schools Duncan

Middle Schools Traner

High Schools Hug

Others

Tax ID 00812212

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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