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$228,000
Est. payment /mo
3,528 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Martin`S Addition
MLS Listing ID 250058952
Annual Tax Amount $794
Lot Size 3,528 Sqft
Acres 0.08
Lot Dimensions 0.08
Property Description
Unbeatable Midtown location-steps to the heart of the district's shopping, bars, coffee, and restaurants, with quick access to Downtown. This raw land (partially paved) site comes fully designed and entitled for a 6-unit multifamily building under MU-MC (Mixed Use - Midtown Commercial) zoning, offering exceptional infill upside in Reno's most walkable neighborhood. Zoning: MU-MC (Midtown Commercial) —no maximum residential density within one block of S. Virginia St. Site size: =3,548 SF (0.081 ac); APN 011-331-02. Parking plan: Code calc = 1 space/unit with a 60 percent reduction (2.4 required); design provides 5 on-site plus 2 on-street. Utilities: Planned connections to City water and City sewer. Finished Product: A contemporary, sprinklered 3-story + loft wood-frame apartment building called "Midtown 6." Total building area ~4,100 SF ("1,100 SF per floor × 3 levels + 800 SF of loft), six units total, and a building height of ~44'-10".
Location
State NV
County Washoe
Community Martin`S Addition
Area Martin`S Addition
Zoning MUMC
Exterior
Utilities Available Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
View Y/N No
Building
Lot Description Level
Water Public
Schools
Elementary Schools Mt. Rose
Middle Schools Swope
High Schools Reno
Others
Tax ID 011-331-11
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Listed by Marmot Properties, LLC
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