3501 3511 Carlos Street presents an opportunity to acquire a 6-unit multi-family investment property located in Reno, NV, with great access to bus lines, Interstate 80, shopping, and employers. These two bedroom, one bathroom units each have in unit washer and dryers, large kitchens, newer cabinets, granite countertops and backsplash, tile flooring, private yard area, on-site parking, and approximately 840 sq ft of living space. Recent capital improvements have been done including a new roof, and exterior paint. The property is priced below recent area comparable sales. Multifamily property owners continue to see rising rental rents from the shrinking supply and increased demand, and incoming major employers. Investors buying in Nevada benefit from competitive cap rates, rising rental rates, landlord-friendly laws, and benefit from Nevadas lack of a state income tax.
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