$207,500 Active
4604 Neil Road #Unit 142
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

Whether you are a first time home buyer or an investor looking to add to your portfolio, this property makes sense to all. So welcome to this beautifully remodeled 2-bedroom, 1-bath condo in Peckham Garden community with all the modern updates you've been looking for! The home features a brand-new kitchen with sleek cabinets, soft-close drawers, new countertops, stainless steel sink, built-in microwave, electric range, and refrigerator—perfect for cooking and entertaining. The interior has been freshly repainted and offers new carpet in the bedrooms and laminate flooring in the living areas, giving the space a clean, contemporary feel. The bathroom has been fully remodeled with a new shower surround, countertop, and cabinet, creating a fresh and stylish retreat. Plenty of storage throughout the unit ensures you have space for everything, and the condo is part of a well-maintained community with a homeowners association covering water, garbage, pool, laundry room maintenance, carport, and common area upkeep. Enjoy low-maintenance living in a move-in-ready home with updates that make this condo truly special. Brand New AC unit installed, and this unit is ready for when it starts to warm up.

Listed by Anita Spencer — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 250054953
Days on Market 258
Price/Sq Ft $241

Property History

Aug 22, 2025
Listed for sale
$207,500
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 860
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Peckham Gardens
APN 025-544-41
Parking
Total Parking 1
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features Balcony
Lot Features Other
Roof Composition, Shingle
Foundation None
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $404
HOA Fee $295 / Monthly
HOA / Community Peckham Gardens
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping, Pool
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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% ($41,500)
Home price
$207,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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