$1,400 Active
2450 Lymbery Street #APT 305
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
775 Sq Ft

About This Property

Step into this top-floor condo at Lake Grove Condominiums, located just half a block from scenic Virginia Lake Park. As you enter, you're welcomed by warm flooring throughout the living area, which leads to a private covered balcony—the perfect spot to relax and unwind. The kitchen includes a refrigerator for tenant use, and just off the living area you'll find a comfortable bathroom with a convenient shower/tub combination. Two cozy bedrooms provide inviting spaces for rest and relaxation. The community also features a seasonal swimming pool, and open parking is available on a first-come, first-served basis. Sorry, no pets allowed. Schedule your tour today and make this condo your next home! Tenant Responsibilities & Fees Utilities: Garbage, Sewer, Water: 129 Power: tenants are responsible Rent: 1,400 Security Deposit: 1,595 One Time Administrative Fee: 195 All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260002612
Days on Market 59
Price/Sq Ft $2

Property History

Mar 10, 2026
Listed for sale
$1,400
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 775
Stories 3
Year Built 1978
Property Type Condominium
Subdivision Reno 2 Condominiums
APN 019-473-06
Parking
Parking Features Common
Exterior & Lot
Exterior Features None
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric
Cooling Electric
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Pool, Maintenance Grounds
📊

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% ($280)
Home price
$1,400
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