$299,000
Active
6775 Lotus Street
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,064
Sq Ft
About This Property
Priced to sell!! If you are in investor, or are up for a little finishing touches, this home is for you. It is very clean and has a great view from the primary bedroom and backyard of the golf course and the valley, and the front yard has a view of Peavine mountain. There are no rear neighbors. The roof is just over 10 years new and the water heater is 4 years new. There are 3 window air cooler units that come with the property. Close to shopping, restaurants and only 20 minutes from the airport, you don't want to miss this one.
Listed by Michele Lucero — Real Broker LLC
Listing Details
Status
Active
MLS #
260011746
Days on Market
2
Price/Sq Ft
$281
Property History
Sep 11, 2026
Listed for sale
$299,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,064
Lot Size
0.09 acres
Stories
1
Year Built
1982
Property Type
Townhouse
Subdivision
Silver Lake 2
STR Jurisdiction
Washoe County
APN
554-081-09
Parking
Total Parking
3
Parking Features
Attached
Exterior & Lot
Exterior Features
None
Lot Features
Level
View
Golf Course, Mountain(s), Valley
Roof
Composition, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Financial
Annual Tax
$949
Schools
Elementary School
Silver Lake
Middle School
OBrien
High School
North Valleys
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($59,800)
Home price
$299,000
Loan details
30-yr fixed, 6.5%
