1221 E 9th Active Save Request In-Person Tour Request Virtual Tour
Reno,NV 89512
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