$178,500 $229,000 ↓ $50,500 reduced
450 N Arlington Avenue #507
Reno, NV 89503
STR Status Unknown
1 Beds
·
1.0 Baths
·
543 Sq Ft
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About This Property

Welcome to luxury condo living at the Belvedere Towers in downtown Reno just walking distance to river, shops, parks, casinos, theater and so much more. This condo offers open concept living room /kitchen with a private bedroom. Stainless appliances, granite counters, bamboo flooring, plantation shutters for easy living. Residents have access to amenities like fitness center, billiard room, pool and spa. Fly into Tahoe Reno International and in 30:00m you are in Lake Tahoe., Please call listing agent for showing instructions and escrow info

Listed by Susie Haddock — Sierra Sotheby's International

Listing Details

Status Withdrawn
MLS # 240013825
Days on Market 716
Price/Sq Ft $329

Property History

Oct 28, 2024
Listed for sale
$229,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 543
Stories 4
Year Built 1974
Property Type Condominium
Subdivision Belvedere Towers Phase I
APN 007-463-19
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View City, Mountain(s), Ski Resort, Trees/Woods, Valley
Construction Brick, Fiber Cement
Roof Flat
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $707
HOA Fee $533 / Monthly
HOA / Community Arlington Towers Homeowners Association
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
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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

$600 – $800/yr
about $58/mo
Est. Rebuild Cost (Coverage A)
$162,900

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

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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

$1,553 per month
Principal & interest
$903/mo
Property taxes
$59/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$533/mo
From MLS listing data.
Home insurance
$58/mo
Estimated ~$600–$800/yr — get a local broker quote for accuracy.
Down payment
20% ($35,700)
Home price
$178,500
Loan details
30-yr fixed, 6.5%
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