$169,950
Active
2450 Lymbery Street #APT 132
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
775
Sq Ft
About This Property
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
13
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
STR Jurisdiction
Washoe County
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
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($33,990)
Home price
$169,950
Loan details
30-yr fixed, 6.5%
