$540,000 $550,000 ↓ $10,000 reduced Active
0 WIGWAM Way
Reno, NV 89506

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STR Status Unknown
The remarks mention an ADU or guest unit: in Truckee, much of Placer and Washoe’s Tahoe area, and parts of Nevada County an ADU can’t be a short-term rental, so count on the main house only.

About This Property

SUBDIVIDE this lot for a promising return on investment! With LDS zoning, one unit per acre is permitted, and there's potential for a zoning change to allow additional units. Additional structures such as Accessory dwelling units, guest homes and tiny homes, are allowed in the residential areas of unincorporated Washoe County. The application and process for a zoning change administrative review can be found online. The property is also zoned for horses! Utilities nearby. Buyers and buyers agent are should

Listed by Jennifer Colley — LPT Realty, LLC

Listing Details

Status Active
MLS # 240015169
Days on Market 683

Property History

Dec 08, 2024
Listed for sale
$550,000
Property Overview
Lot Size 21.96 acres
Property Type Land
APN 552-060-13
Exterior & Lot
Lot Features Open Lot
View Desert, Mountain(s), Valley
Financial
Annual Tax $1,677
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$2,871 per month
Principal & interest
$2,731/mo
Property taxes
$140/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($108,000)
Home price
$540,000
Loan details
30-yr fixed, 6.5%
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