$199,900 Active
2955 Lakeside Drive #223
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
788 Sq Ft

About This Property

This well-maintained, larger one-bedroom Lakeside Plaza condo offers a gorgeous view of Mt Rose with a large patio perfect for relaxing or summer BBQ's. With its southern exposure this unit boasts lots of sunshine and natural light. Other features include new bathroom flooring and countertops, full length mirrored closet doors, new lifetime warranty patio doors, and newer garbage disposal, refrigerator and dishwasher. The community has an array of amenities including pool, onsite laundry, clubhouse, elevators, and designated covered parking. Centrally located just blocks from the Peppermill Resort Spa Casino, Virginia Lake Park, public transportation, freeway access, and many restaurants & shopping centers. Monthly HOA dues cover heating, water, trash, roof, driveways, elevator, walkways, pool, landscaping, and all common area maintenance and cleaning.

Listed by Jason Fleischmann — Haute Properties NV

Listing Details

Status Active
MLS # 240014257
Days on Market 545
Price/Sq Ft $254

Property History

Nov 08, 2024
Listed for sale
$199,900
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 788
Stories 1
Year Built 1979
Property Type Condominium
Subdivision Lakeside Plaza 2
APN 019-452-21
Parking
Total Parking 1
Parking Features Carport
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Forced Air, Hot Water
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $455
HOA Fee $441 / Monthly
HOA / Community Sierra North
Schools
Elementary School Anderson
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Landscaping, Pool, Clubhouse/Recreation Room
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STR Investment Analysis

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

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% ($39,980)
Home price
$199,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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