$195,000 Active
2955 Lakeside Drive #UNIT 324
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
957 Sq Ft

About This Property

One block from historic Virginia Lake. The property is equipped with a community clubhouse, laundry facility, and a seasonal pool for residents use. The HOA fee includes the boiler systems, hot and cold water, the elevators, the clubhouse, the pool maintenance and trash service, Secure keyed building entrances. New HVAC air handler. This unit is on the third (top) floor and faces the courtyard.

Listed by Donald Johnson — Alder Properties

Listing Details

Status Active
MLS # 260010465
Price/Sq Ft $204

Property History

Aug 13, 2026
Listed for sale
$195,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 957
Stories 1
Year Built 1979
Property Type Condominium
Subdivision Lakeside Plaza 2
STR Jurisdiction Washoe County
APN 019-453-24
Parking
Total Parking 1
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stucco
Roof Composition
Foundation Slab
Utilities & Systems
Heating Hot Water
Cooling Central Air
Financial
Annual Tax $580
HOA Fee $535 / Monthly
HOA / Community Associa Sierra North
Schools
Elementary School Anderson
Middle School Swope
High School Reno
HOA & Community
Community Amenities Clubhouse, Elevator(s), Parking, Pool
📊

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
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% ($39,000)
Home price
$195,000
Loan details
30-yr fixed, 6.5%
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