BEDS1
BATHS2 full
SQUARE FEET751
MLS#260003287
STATUSActive Under Contract-Show
PROPERTY TYPEResidential - Condominium
SUBDIVISIONPark Towers
Property Description
Park Tower is a downtown Reno high rise that permits short term rentals. This 10th floor unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. This is a short sale and subject to lien holder approval. The building sits on Island Avenue directly above the Truckee River and Wingfield Park. The unit faces west with direct views of the river, the park, and the Sierra Nevada. The Riverwalk District is right outside with immediate access to dining, coffee, and nightlife. Mount Rose and Lake Tahoe are a short drive for skiing and year round outdoor access. The building features a shared rooftop deck. Buyers should conduct their own due diligence regarding income potential. Whether you are adding to a portfolio or executing a 1031 exchange, this is a rare opportunity to acquire a short term rental asset in downtown Reno.
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
Days on Site: 180
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
Agent Name: James Von Dorsten
Agency Phone: 775-391-5435
Agent Phone: 775-691-1424
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 1,295.75 per month $1,146.71 Principal & Interest $89.25 Property Tax $59.79 Homeowner's Insurance
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 $205,000. 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.