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1551 E Reno Road

Reno, TX 76020
  • $499,000
  • STATUS: Active Option Contract
  • ON SITE: 127 Days
  • MLS #: 14635859
Under Contract
UPDATED: 83 min ago
$499,000
  • 0
    BEDS
  • 1.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Offered by Marsha Hardin of Marsha Hardin Real Estate Llc.

Description

Investor opportunity in growing area! 6 mobile homes on 1.66 acres. Property is zoned commercial. Four of the units are 3 bedroom, 2 bath mobiles. There is one 2 bedroom, 2 bath mobile and a 2 bedroom, 1 and a half bath mobile. Reno city water. Each unit has its own conventional septic system and a storage shed. All units have been well maintained. Tenants pay for water, electric, and trash. Operating expenses are an average of the last 3 years. Owner did some significant rehabbing in 2020 of one of the units. Operating expenses for 2019 was $16,711 and $15,258 for 2018.

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© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Benchmark Real Estate Services. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Benchmark Real Estate Services are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-03T19:39:40.807.
www.benchmarkliving.com/homes/119802935
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1551 E Reno Road Reno, TX 76020

  • Price: $499,000
  • Status: Active Option Contract
  • On Site: 127 Days
  • Updated: 83 min ago
  • MLS #: 14635859
0
Beds
0
Baths
0
½ Baths
1.66
Acres
Neighborhood:
John Hall Survey
County:
Parker
Area:
Reno
Property Description
Investor opportunity in growing area! 6 mobile homes on 1.66 acres. Property is zoned commercial. Four of the units are 3 bedroom, 2 bath mobiles. There is one 2 bedroom, 2 bath mobile and a 2 bedroom, 1 and a half bath mobile. Reno city water. Each unit has its own conventional septic system and a storage shed. All units have been well maintained. Tenants pay for water, electric, and trash. Operating expenses are an average of the last 3 years. Owner did some significant rehabbing in 2020 of one of the units. Operating expenses for 2019 was $16,711 and $15,258 for 2018.
Exterior Features

Construction Siding Construction Materials Walls Paneling Foundation Pilings Parking Or Garage Open Road Frontage Type Fm Road Roof Other Waterfront YN No

Interior Features

Ceiling Height 8 To10 Feet Commercial Features Outside Storage Flooring CarpetVinyl Heating Central Air-ElecCentral Air-GasCentral Heat-ElecPropane Sq Ft Building 0 Sq Ft Gross 0 Sq Ft Leasable 5948

Property Features

Alarm Or Security Type Carbon Monoxide DetectorSmoke Detector Building Area Source Other Documentation Building Use Other Commercial Zoning Comm Construction Status Preowned Gross Annual Expenses 18750 Gross Annual Income 51100 Inclusions Land & Improvements Income Expense Source AccountantTax Return Leasable Spaces 6 Leased Spaces 6 Lot Size Source Tax Multi Zoning Yes Municipal Utility District No Net Annual Income 31150 Owner Pays InsuranceTaxes Possession Subject To Lease Property Type Com-Sale Proposed Financing CashConventional Tenant Pays ElectricRenters InsuranceWaterYard Care Total Annual Expenses Include Accounting/LegalMaintenanceSuppliesTaxes Unexempt Taxes 4422 Utilities AsphaltCity WaterSeptic Will Subdivide Subdivided

Listing information © 2021 North Texas Real Estate Information System.


© 2021 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Benchmark Real Estate Services. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Benchmark Real Estate Services are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-12-03T19:39:40.807.
 
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Benchmark Real Estate Services
610 Maryland Dr.
Athens TX, 75751
Offered by Marsha Hardin of Marsha Hardin Real Estate Llc.