629 Sinclair Street, Reno, NV 89501

Local realty services provided by:ERA Realty Central
629 Sinclair Street,Reno, NV 89501
$995,000
  • - Beds
  • - Baths
  • 2,700 sq. ft.
  • Multi-family
  • Active
Listed by:trevor richardson
Office:address income
MLS#:250001710
Source:NV_NNRMLS

Price summary

  • Price:$995,000
  • Price per sq. ft.:$368.52

About this home

629 Sinclair is an opportunity for an investor to pick up 5 Midtown Reno multifamily units that offer charm and lifestyle for tenants. Along with that lifestyle is the possibility to lease these units at the highest rates in Reno. Three of the five units have been renovated in recent years. With an adjustment in rental rates, the property could have an address income net monthly income of 5,323 dollars per mo with an Annual Return cap of 6.42 percent. This assumes the market is 7 percent for full property management. Please request a complete financial analysis of this investment. If the property were renovated, the investor could possibly receive a 13 percent upside from the current cash flow.

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Home facts

  • Year built:1918
  • Listing ID #:250001710
  • Added:231 day(s) ago
  • Updated:October 03, 2025 at 03:54 PM

Rooms and interior

  • Living area:2,700 sq. ft.

Heating and cooling

  • Cooling:Varies By Unit
  • Heating:Baseboard, Electric, Heating, Natural Gas, Varies By Unit, Wall Furnace

Structure and exterior

  • Year built:1918
  • Building area:2,700 sq. ft.
  • Lot area:0.16 Acres

Schools

  • High school:Wooster
  • Middle school:Vaughn
  • Elementary school:Booth

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$995,000
  • Price per sq. ft.:$368.52
  • Tax amount:$1,706
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