280 Island Avenue, Unit APT 1002, Reno, NV 89501

$219,900
  • 280 Island Avenue, Unit APT 1002, Reno, NV 89501 Main Photo

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New to the Market Active
BEDS1 BATHS2 full SQUARE FEET751 MLS#260003287
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONPark Towers

Property Description

Welcome to Park Tower, centrally located in downtown Reno, where adventure meets opportunity. Park Tower stands as the only downtown high-rise that permits short-term rentals, and that distinction is exactly what sets this one-bedroom, two-bathroom unit apart. Located on the 10th floor with sweeping west-facing views, this unit looks out over the cascading waters of the Truckee River, Wingfield Park, and the Sierra Nevada range. Watch kayakers and fly fishers work the river below and step into the Riverwalk District where Reno's best dining, coffee shops, and nightlife are right there. Mount Rose and Lake Tahoe are a short drive for skiers, snowboarders, and outdoor winter enthusiasts of all kinds. The unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. It is offered as a turnkey income-producing asset. The building also features a shared rooftop deck with views that speak for themselves. Whether you are targeting a 1031 exchange, adding to an existing portfolio, or simply looking for an income-producing asset, this is a rare setup in a market where short-term rental permits in the downtown condo market have become nearly impossible to find.

280 Island Avenue, Unit APT 1002 | MLS# 260003287

This condo located at 280 Island Avenue, Unit APT 1002, Reno, NV 89501 is currently listed for sale with an asking price of $219,900. This property was built in 1961 and has 1 bedrooms and 2 full baths with 751 sq. ft. Island Avenue, Unit APT 1002 is located in the Park Towers subdivision. Search Park Towers real estate on www.ikeyrealty.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air, Electric
Fenced: Yes
Heating: Electric, Forced Air
Lot Size: 0.02 Acres
Roof Type: Flat
Stories: 17.0
Taxes: $1,071
Year Built: 1961

Amenities

Ceiling Fan(s)
Breakfast Bar
Walk-In Closet(s)

Feature Descriptions

Additional Rooms: None
Association Fee Includes: Insurance, Cooling
City Limits: Yes
Construction Type: Masonry
Cooling Y/N: Yes
Dining: Kitchen Combination, Living Room Combination
Exterior: Brick, Masonite
Flooring: Ceramic Tile, Laminate
Foundation: Slab
Heating Y/N: Yes
HOA Amenities: Gated, Management
HOA Fee: $675.9/MonthlyAppliances:
HOA Y/N: Yes
Kitchen: Breakfast Bar, Built-In Dishwasher, Built-In Microwave, Disposal
Laundry Features: Common Area, Laundry Room, Sink
Living Room: Ceiling Fan(s), Family Room Combination
Lot Features: Corner Lot, Level
Master Bedroom: Jetted Tub, Tub/Shower Combination, Walk-In Closet(s)
OtherStructures: None
Parcel #: 011-474-10
Parking: Detached, Garage, Under Building, Permit Required
Patio/Porch: None
Road Frontage: Public
Road Responsibility: Public Maintained Road
Security Features: Fire Sprinkler System, Smoke Detector(s), Security Fence, Keyless Entry
Sewer: Public Sewer
Special View Info: City, Mountain(s), Park/Greenbelt, Trees/Woods
Sprinklers: None
SQFT Living: 751
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Internet Available
Water: Public
Water Rights Y/N: No
Window Features: Blinds, Double Pane Windows, Metal Frames

Local Schools

High School: Reno
Middle School: Swope
Elementary School: Mt. Rose

Listed By / Shown By

Listed By

Agency Name: RE/MAX Gold-Midtown
Agency Phone: 775-391-5435
Agent Name: James Von Dorsten
Agent Phone: 775-691-1424

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,383.45 per month $1,230.06 Principal & Interest $89.25 Property Tax $64.14 Homeowner's Insurance

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