$169,950 Active
2450 Lymbery Street #APT 132
Reno, NV 89509
STR Status Unknown
2 Beds
·
1.0 Baths
·
775 Sq Ft

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About This Property

Investors Alert! Tenant occupied property currently rented for 1,450 with a 1 year lease, providing immediate rental income. Great opportunity for an investor. Discover one of the few 2-bedroom, 1-bathroom first-floor corner units available in the desirable Lake Grove Condominiums. Conveniently located on Lymbery Street near Virginia Lake, this updated condo offers easy access to public transportation, major shopping centers, movie theaters, and the Peppermill Casino. Situated within a gated community, residents enjoy access to a community pool and a convenient location close to everything Reno has to offer. The HOA also covers hot and cold water, adding to the value and convenience of this property.

Listed by Anna Lord — Tomana Realty

Listing Details

Status Active
MLS # 260011248
Days on Market 44
Price/Sq Ft $219

Property History

Aug 31, 2026
Listed for sale
$169,950
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 775
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Reno 2 Condominiums
APN 019-471-33
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Financial
Annual Tax $646
HOA Fee $422 / Monthly
HOA / Community Lake Grove Condominiums
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Pool, Spa/Hot Tub
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$800 – $1,200/yr
about $83/mo
Est. Rebuild Cost (Coverage A)
$232,500

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$1,418 per month
Principal & interest
$859/mo
Property taxes
$54/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$422/mo
From MLS listing data.
Home insurance
$83/mo
Estimated ~$800–$1,200/yr — get a local broker quote for accuracy.
Down payment
20% ($33,990)
Home price
$169,950
Loan details
30-yr fixed, 6.5%
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