$247,500 Active
555 E Patriot Boulevard #M266
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
665 Sq Ft

About This Property

Welcome to this well-maintained condo located at 555 E Patriot Blvd. This unit offers an open layout with abundant natural light and a private balcony perfect for relaxing. The kitchen provides ample cabinetry and counter space and opens to the main living area for easy entertaining. Spacious bedrooms and functional storage make the home comfortable and practical. Residents enjoy community amenities including a pool, spa, fitness center, and clubhouse. Conveniently located near shopping, dining, parks, and easy freeway access.

Listed by Garrett Reichman — New Dimensions, Inc.

Listing Details

Status Active
MLS # 260002837
Days on Market 55
Price/Sq Ft $372

Property History

Mar 13, 2026
Listed for sale
$247,500
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 665
Stories 1
Year Built 1986
Property Type Condominium
Subdivision Waterford Park 2
APN 164-072-12
Parking
Total Parking 1
Parking Features Carport, None
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View City, Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool Fenced, In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $691
HOA Fee $445 / Monthly
HOA / Community Woodchase
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Pool, Spa/Hot Tub
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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% ($49,500)
Home price
$247,500
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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