$500,000 Active Under Contract
3271 Heights
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.0 Baths
·
2,012 Sq Ft

About This Property

5 Bedrooms Home, 3 full Bathrooms, 1 Junior master Bedroom upstairs with a Balcony, convenient location, close to University of Reno , Stores, Shopping, Restaurants, No Back Neighbors, Beautiful Views of mountains and Hills, Large Lot 0.38 of an acreage, Big Storage House with windows in the Back Yard and Adorable Kids house in the back yard. Home needs updates and TLC. SHORT SALE SUBJET TO BANK APPROVAL.

Listed by Mira Vega Rios — Haute Properties NV

Listing Details

Status Active Under Contract
MLS # 220017075
Days on Market 1240
Price/Sq Ft $249

Property History

Dec 14, 2022
Listed for sale
$500,000
Current
Pending
$500,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,012
Lot Size 0.38 acres
Stories 2
Year Built 1963
Property Type Single Family Residence
Subdivision Monte Vista Estates
APN 005-153-29
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s), Trees/Woods, Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Natural Gas
Cooling Electric
Financial
Annual Tax $1,344
Schools
Elementary School Warner
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities None
📊

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% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373