571 Saint Lawrence Ave, Reno, NV 89509
PENDING
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571 Saint Lawrence Ave
Reno, NV 89509

Old Southwest
  • 4 Beds
  • 3 Baths
  • 2,580 sqft
  • 4 Beds
  • 3 Baths
  • 2,580 sqft

$999,000

Est. Mortgage $5,726/mo*
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Local Information

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Description

Seize this rare opportunity to purchase a brick masterpiece in historic Newlands Terrace within walking distance of downtown Reno, along with an accessory unit and an oversized 2-car garage (wall between garages). This would be an outstanding property for investors or owner-occupiers wishing to offset their monthly payment with rental income. Home is under contract so open house is cancelled. Original 1,728 sf, 2 bed/2 bath home offers custom brickwork, an attractive front porch, fine craftsmanship, hardwood floors, and lots of storage space. The sq ft includes basement space. Seller mostly finished basement in 2016. 571 1/2 St. Lawrence is a 1988-built 852 sf, 2 bed/1 bath accessory unit atop a spacious garage. Tons of garage space. Separate access from alley. Original home's wiring has been updated and central air and gas furnaces have been added to both units. New roof in 2009 for original home; new roof in 2021 for the back unit. New furnace in back unit in 2022. New water heater in main home in 2022. Portions of sewer line have been replaced. Enjoy the spacious, pleasant, and private backyard with a large deck and a brick workspace with French doors, slate floors, and radiant heating that could be used for a wide variety of purposes (office, storage, workshop, etc.). The oversized garage has a pass-through door into the backyard making it more convenient for the occupant of the original home. Tenants are on month-to-month leases and pay all utilities except for sewer. Current leases are $2,200 per month for main home and and $1,300 for rear unit. Not at full market rent.

Home Highlights

Parking
Attached Garage
Outdoor
Patio, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$387
Listed
51 days ago

Home Details for 571 Saint Lawrence Ave

Active Status

MLS Status: Under Contract-No Show

Interior Features

Interior Details
Basement: Finished
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2580 Square Feet
Appliances & Utilities
Utilities: Cable Connected, Water Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Meter Installed, Internet Available, Cellular Coverage Avail, Separate Meters-WaterAppliances: Dishwasher, Disposal, Dryer, Microwave, Oven/Range, Refrigerator, Varies Per Unit, WasherDishwasherDisposalDryerLaundry: Varies Per UnitMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirAir Conditioning: Programmable Thermostat,Separate Heating/Cooling,Separate Water HeatersHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Separate Meters-ElectricHas Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds/Shades, Drapes/Curtains, Double Pane Windows, Metal Frame, Single Pane, Varies by Unit, Wood FramesFlooring: Carpet, Ceramic Tile, Varies by Unit, Vinyl Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Varies By Unit, Vinyl Tile, Wood
Security
Security: Smoke Detector(s), Security Lights

Exterior Features

Exterior Home Features
Roof: Composition Shingle PitchedPatio / Porch: Patio/DeckFencing: Back Yard, Full
Parking & Garage
No CarportHas a GarageHas an Attached GarageParking Spaces: 5Parking: Garage Door Opener,Attached,Detached,Garage,Varies Per Unit
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 51

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Residential Income
Building
Construction Materials: Brick, Wood Siding, Stone
Property Information
Parcel Number: 01120411

Price & Status

Price
List Price: $999,000Price Per Sqft: $387
Status Change & Dates
Possession Timing: Subject To Tenant Rights

Media

See Virtual Tour

Location

Direction & Address
City: RenoCommunity: NV
School Information
Elementary School: BeckJr High / Middle School: SwopeHigh School: Reno

Agent Information

Listing Agent
Listing ID: 240001812

Community

Community Features: Alley Access, Storage Shed

Lot Information

Lot Area: 7492.32 sqft

Listing Info

Special Conditions: Standard

Energy

Energy Efficiency Features: Double Pane Windows, Programmable Thermostat

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: All Utilities

Miscellaneous

BasementMls Number: 240001812

Additional Information

Alley AccessStorage Shed
Last check for updates: about 20 hours ago
Listing courtesy of Kenneth R Lund BS.144762, (775) 870-6332
Ferrari-Lund Real Estate South
Alicia Lund BS.144930
Ferrari-Lund Real Estate South
Source: NNRMLS, MLS#240001812

Price History for 571 Saint Lawrence Ave

DatePriceEventSource
04/04/2024$999,000PendingNNRMLS #240001812
03/09/2024$999,000Listed For SaleNNRMLS #240001812
02/24/2024ListingRemovedNNRMLS #240001812
02/23/2024$925,000Listed For SaleNNRMLS #240001812
08/10/2018$730,000ListingRemovedAgent Provided
08/07/2018$730,000Listed For SaleAgent Provided
06/13/2003$389,900Sold
N/A
02/28/1996$250,000Sold
N/A

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Property Taxes and Assessment

Year2024
Tax$2,419
Assessment$322,774
Home facts updated by county records

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What Locals Say about Old Southwest

  • Wolfeshelli
    "Neighborhood is beautiful and well maintained. Tree lined streets and lots of families, good schools and great people."
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  • Melissa
    "Wingfield amphitheater truckee river parades nightlife everything you can imagine music sporting events"
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LGBTQ Local Legal Protections

Kenneth R Lund, Ferrari-Lund Real Estate South
IDX information is provided exclusively for 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 not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
571 Saint Lawrence Ave, Reno, NV 89509 is a 4 bedroom, 3 bathroom, 2,580 sqft multi-family built in 1939. 571 Saint Lawrence Ave is located in Old Southwest, Reno. This property is currently available for sale and was listed by NNRMLS on Mar 9, 2024. The MLS # for this home is MLS# 240001812.