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Image 1 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 2 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 3 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 4 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 5 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 6 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 7 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 8 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Image 9 - 1038 Virbel Lane, Reno, NV 89502, USA - House for sale
Home For Sale In Reno, Nevada
1038 Virbel Lane, Reno, NV 89502, USA

Home For Sale In Reno, Nevada

house for sale
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Listed: 04/19/24

1038 Virbel Lane, Reno, NV 89502, USA

14 Bed:
6 Bath:
5,795 Sq Ft Living Area:
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Price
$ 1,6M

About This House

Virbel Lane apartments represents a great opportunity to acquire multifamily in Reno. This 5 unit complex consists of One (1) Single family home that is a 3bd/2bth/2 car garage remodeled 1691 Square foot home, property also has another detached single family home comprised 2bd/2bth/2 car garage remodeled, 1030 Sq. Ft. built in 1992. In the back of the property you have triplex with One (1) 2bd/2bth remodeled, 784 sq. ft. apartment, One (1) 3bd/2bth, 1000 sq. ft. apartment, this one has new flooring and a/c added. One (1) 4bd/2bth. apartment. This is the only unit that was not updated. Tenants been in unit for 12+ plus years. Pictures were taken before tenants moved in. Pictures are of unit A and B of the triplex and1008. Acap rate of 5.59%.

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Reno Housing & Living

Household Income

Median household income: $52,106
Number of households: 96,411
The average household income in Reno, NV grew from $48,815 to $52,106 in the past year. This data is an estimate based upon 96,411 households in Reno, NV.
The chart below presents how household income is distributed in Reno, NV in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Reno, NV compared to median property taxes around the country. The prevalent amount of property taxes in Reno, NV equals $800-$1,500 , which is less than the national average.