495 Vassar Reno, NV 89502

Price Drop Alert! Great Investment Opportunity Introducing a prime investment opportunity with a recent price drop, making it an even more attractive prospect! This duplex offers incredible potential for savvy investors looking to secure a property that promises substantial returns for years to come. Do not disturb tenants. Showings must be requested and approved with 24 hours advance notice to listing agent, Marika Moore. *Agent is related to sellers. This property boasts two individual units, each featuring 1 bedroom, 1 bathroom, and a convenient laundry room. Its prime location and versatile layout present numerous possibilities for both homeowners and investors. Located close to downtown Reno, the University, & local amenities, this duplex is ideal for both long-term rental income & future appreciation. Don't miss out on this chance to invest in a property with great potential. Currently, long-term tenants were paying $850 per month, but the rental rate is long overdue for an adjustment. With minimal updates, the monthly rent should be at least $1,200 "as is." Fully renovated units in the area command rents ranging from $1,500 to $1,800 per month, significantly enhancing the cap rate to over 6%. Don't miss out on this chance to maximize your investment returns in a desirable location.