$210,000
Active
863 Nutmeg Place #12
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
1.5
Baths
·
936
Sq Ft
About This Property
Great Opportunity! This charming 2-bedroom, 1.5-bath, 2-story home offers comfort, convenience, and value in a prime location. Featuring tile flooring throughout most of the home, air conditioning, and a small private balcony—perfect for your BBQ or morning coffee! Enjoy the ease of access to everything you need—just minutes from local parks, shopping, highway access, the Atlantis and Peppermill casinos, Meadowood Mall, the airport, and so much more. Whether you're a first-time buyer, investor, or someone looking for low maintenance living in a super-convenient location, this home is a must-see!
Listed by Juan Segura — Reno Real Estate
Listing Details
Status
Active
MLS #
250052349
Days on Market
311
Price/Sq Ft
$224
Property History
Jun 30, 2025
Listed for sale
$210,000
Property Overview
Beds
2
Baths
1.5
Sq. Ft.
936
Lot Size
0.01 acres
Stories
2
Year Built
1979
Property Type
Condominium
Subdivision
Summersnow Condominiums
APN
020-484-14
Parking
Total Parking
1
Parking Features
Additional Parking, Carport, Common
Exterior & Lot
Exterior Features
None
View
Park/Greenbelt
Construction
Concrete, Frame
Roof
Asphalt, Shingle
Foundation
Slab
Pool & Spa
Pool
Association, Outdoor Pool
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$438
HOA Fee
$278 / Monthly
HOA / Community
Reno Property Management
Schools
Elementary School
Smithridge
Middle School
Pine
High School
Damonte
HOA & Community
Community Amenities
Landscaping, Maintenance Grounds, Parking, Pool
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% ($42,000)
Home price
$210,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: (530) 317-0373
