$199,000
Active
450 N Arlington Avenue #507
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1
Beds
·
1.0
Baths
·
543
Sq Ft
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
Active
MLS #
240013825
Days on Market
556
Price/Sq Ft
$366
Property History
Oct 28, 2024
Listed for sale
$199,000
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
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% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
