$204,000
Active Under Contract
4600 Neil Road #APT 33
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.0
Baths
·
860
Sq Ft
About This Property
This beautiful 860 sq ft 2-bed, 1-bath condo is located on the ground floor in South Reno in the desirable Peckham Gardens community presents an excellent opportunity for investors or first-time buyers seeking a low-maintenance property. The unit offers a private patio, designated carport parking, and access to community laundry facilities. Peckham Gardens residents enjoy amenities including a seasonal pool, tennis courts, and well-maintained common areas. Located a short distance to Meadowood Mall, freeway access, public transportation, dining, and shopping, this property offers strong rental appeal and convenient tenant access.
Listed by Sheri Brown — BHHS Nevada Properties - SW
Listing Details
Status
Active Under Contract
MLS #
260003744
Days on Market
36
Price/Sq Ft
$237
Property History
Apr 01, 2026
Listed for sale
$204,000
Current
Pending
$204,000
Property Overview
Beds
2
Baths
1.0
Sq. Ft.
860
Stories
2
Year Built
1978
Property Type
Condominium
Subdivision
Peckham Gardens
APN
025-541-20
Parking
Total Parking
1
Parking Features
Additional Parking, Carport
Exterior & Lot
Exterior Features
Tennis Court(s)
Lot Features
Level
Roof
Composition
Foundation
Slab
Pool & Spa
Pool
Fenced, In Ground
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$411
HOA Fee
$282
HOA / Community
Peckham Garden Condominium Homeowners Association
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Pool, Tennis Court(s)
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% ($40,800)
Home price
$204,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
