$150,000
Active
2450 Lymbery Street #APT 211
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1.0
Baths
·
409
Sq Ft
About This Property
Great end unit studio condo with convenient and easy access to central Reno and public transportation. Full bath and balcony/deck are perfect for enjoying the city and extra space. Peppermill Hotel and Casino just steps away. Nice community pool and fenced with ample parking. Security door and elevator make this a great place to call home. Recently upgraded tile floors. Dishwasher and Refrigerator included. and it is just a simple walk to Virginia Lake , shopping, stores, casino and bus line. Great investment opportunity in Income Tax free NV as it's one of the most affordable units in Reno. Hurry.
Listed by John Cook — Coldwell Banker Select Incline
Listing Details
Status
Active
MLS #
260002163
Days on Market
70
Price/Sq Ft
$367
Property History
Feb 27, 2026
Listed for sale
$150,000
Property Overview
Baths
1.0
Sq. Ft.
409
Stories
1
Year Built
1978
Property Type
Condominium
Subdivision
Reno 2 Condominiums
APN
019-472-12
Parking
Total Parking
1
Parking Features
Permit Required, Detached
Exterior & Lot
Exterior Features
None
Lot Features
Common Area
Construction
Block, Frame, Stucco, Unknown
Roof
Flat, Tile
Foundation
None
Pool & Spa
Pool
Fenced, In Ground, See Remarks
Utilities & Systems
Heating
Electric
Financial
Annual Tax
$470
HOA Fee
$180 / Monthly
HOA / Community
Lake Grove Condominiums
Schools
Elementary School
Beck
Middle School
Swope
High School
Reno
HOA & Community
Community Amenities
Elevator(s), Landscaping, Parking, Pool
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
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
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($30,000)
Home price
$150,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
