425 & 427 Crampton St.

425 Crampton St. Reno, NV 89502

— For Sale —

Offering Price $899,000

NOI $46,182

Available Square Footage +/- 1,830 SF

Cap Rate 5.14%

Price Per Square Foot $519.13

Total Units 2

Property Information

425 & 427 Crampton St. is a remarkable real estate investment opportunity located in the vibrant city of Reno, Nevada. This duplex, constructed in 2015, presents an exceptional opportunity with a stable tenant that has been in place for 1 year and has signed a new 2-year lease. Each unit is a 2 bed, 2 bath unit with modern finishes, fenced yard, and a 1 car garage. The tenant subleases the units as short-term rentals and covers all building expenses except for property taxes. Both units at 425 & 427 Crampton St. have been meticulously maintained, ensuring a high level of tenant satisfaction. With modern amenities, comfortable living spaces, and appealing decor, these units attract a diverse range of short-term rental guests and always stays occupied. This is a great real estate investment opportunity for those looking to generate stable income and profit potential. Don’t miss the chance to acquire this prime investment property and capitalize on Reno’s flourishing real estate market. Contact us today to schedule a viewing and explore this exceptional opportunity!

Contact

Ben Galles Logic Commercial Real Estate
Brokerage

Ben Galles

Executive Vice President
Reno
License S.47543
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O 775.433.1106
C 775.750.6429
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