770 Montello St, Reno, NV 89512
770 Montello St, Reno, NV 89512
770 Montello St, Reno, NV 89512
FOR SALE

770 Montello St
Reno, NV 89512

Northeast

Local Information

  • Map View
    Explore the area around 770 Montello St.
  • Street View
    Take a virtual walk around the neighborhood.
  • Schools
    1 Elementary School
    1 Middle School
    1 High School
  • Crime
    Lowest crime relative to the rest of the area.
  • Commute
    93% of residents commute by car.
  • Shop & Eat
    122 Restaurants
    19 Groceries
    102 Nightlife

Description

Great investment opportunity in a cul-da-sac. With a 6%cap rate. Long term tenants. 4 units on 1 year lease, 1 unit month to month. Close to bus lines and freeway. Close to downtown Reno and Sparks. These affordable rentals always are in high demand and never sit vacant long. Rents are currently lower than market average. 4 of 5 have been fully remodeled. Do not disturb tenants. All showings will be made with an accepted offer. Owner is a licensed real estate agent.

Home Details for 770 Montello St

Year Built
1948
Parking
5 Parking Spaces
Price/Sqft
No Info
HOA
None
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
See Home Details
Active Status
MLS Status: ACTIVE
Interior Features
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Internet Available, Master Meter-WaterAppliances: Microwave, Oven/Range, Refrigerator, Varies Per UnitLaundry: NoneMicrowaveRefrigerator
Heating & Cooling
Heating: Wall FurnaceAir Conditioning: Separate Heating/Cooling,Separate Water Heaters
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Separate Meters-ElectricHas Electric on Property
Windows, Doors, Floors & Walls
Window: Blinds/Shades, Double Pane Windows, Vinyl FrameFlooring: Laminate, Varies by Unit, Vinyl Tile
Levels, Entrance, & Accessibility
Stories: 1Floors: Laminate, Varies By Unit, Vinyl Tile
Security
Security: Smoke Detector(s)
Exterior Features
Exterior Home Features
Roof: Composition Shingle PitchedFencing: Back YardFoundation: Concrete/Crawl Space
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 5Parking: Varies Per Unit
Frontage
Responsible for Road Maintenance: Public Maintained Road
Water & Sewer
Sewer: Public Sewer
Days on Market
Days on Market: 55
Property Information
Year Built
Year Built: 1948
Property Type / Style
Property Type: Residential Income
Building
Construction Materials: Asbestos, Wood Siding, Wood Frame
Property Information
Parcel Number: 00833209
Price & Status
Status Change & Dates
Possession Timing: Close Of Escrow
Location
Direction & Address
Community: NV
School Information
Elementary School: BoothJr High / Middle School: TranerHigh School: Wooster
Agent Information
Listing Agent
MLS/Source ID: 210010910
Community
Community Features: None
Lot Information
Lot Area: 6534 Square Feet
Listing Info
Special Conditions: Standard
Offer
Listing Terms: Conventional, 1031 Exchange
Energy
Energy Efficiency Features: Double Pane Windows
Business
Expense
Tenant Pays: All Utilities
Rental
Owner Pays: All Utilities
Last check for updates: about 22 hours ago
Listing courtesy of Rod O'Connor S.178667
Realty World Ballard Company
Source: NNRMLS, MLS#210010910

Price History for 770 Montello St

Event DetailsPrice
08/26/2021
PriceChange
NNRMLS #210010910
$550K

08/05/2021
PriceChange
NNRMLS #210010910
$600K

07/27/2021
Listed For Sale
NNRMLS #210010910
$650K

03/17/2017
Sold
Agent Provided
$275K

02/02/2017
Pending
Agent Provided
$325K

11/16/2016
Listed For Sale
Agent Provided
$325K

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Price Trends

For homes in 89512
$327,955
Typical home value
This home: $550,000 40% above
$327
Typical Home Value by sqft
Price trends provided by third party data sources.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Northeast

At least 107 Trulia users voted on each feature.
  • 82%
    Car is needed
  • 72%
    It's dog friendly
  • 72%
    There are sidewalks
  • 65%
    Kids play outside
  • 62%
    Yards are well-kept
  • 60%
    There's holiday spirit
  • 59%
    Parking is easy
  • 52%
    Streets are well-lit
  • 51%
    People would walk alone at night
  • 45%
    It's quiet
  • 42%
    They plan to stay for at least 5 years
  • 38%
    There's wildlife
  • 38%
    It's walkable to restaurants
  • 34%
    It's walkable to grocery stores
  • 26%
    Neighbors are friendly
  • 23%
    There are community events
Learn more about our methodology.
  • Trulia User
    "Very close to UNR. Grocery stores 10 minutes in each direction. Can get to downtown in about 10 minutes or less. Little to no traffic. "
    6
    Flag
  • Trulia User
    "These neighborhoods aren’t the best for kids. It is a bit on the under privileged side and no one really takes care of their years let alone the neighborhood."
    3
    Flag
  • Trulia User
    "Very nice home in an ok area but the areas in the world are what you make of them! Everyone has the ability to create there own wonderland so get it while it’s hot!"
    2
    Flag
  • Trulia User
    "The commute is great. Very easy wish there was a round about or a 4 way stop where i live to avoid accidents. "
    3
    Flag
  • Trulia User
    "Friendly security conscious neighborly community of retirees and working class as well as professional community members "
    23
    Flag
  • Trulia User
    "The only place I know where someone will steal from you then try to sell items back to you. High theft area"
    34
    Flag
  • Trulia User
    "It has a good view, 5 min drive from all the colleges, quiet, with good neighbors, decent Christmas decorations and the street parking and hoa is not bad. "
    6
    Flag
  • Trulia User
    "I used to live here and really loved the area. Shopping and Restaurants are close and the Bus stops in front of the development of Quail Run."
    4
    Flag
  • Trulia User
    "This is a good place to live for almost any family composition. It is quiet. The community is diverse and includes lots of families with young children as well as retirees and everything in between. The traffic levels are very low, giving the neighborhoods on either side of Socrates, but especially at the top, a 'far out, semi-isolated, suburban feel'. Still, the University is literally just down the street, both major expressways can be accessed within 5 minutes, and down town, as well as the airport, are both less than 10 mins away. Also, there is a very nice park with a playground, grill, walking trails, basketball court, gazeebo, and outdoor gym, overlooking the whole valley (Reno/Sparks). It is located near Socrates and South University park loop, and sits adjacent to a lot of fairly new homes (less than 10 years old) with similar views."
    7
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
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. © 2021 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.
770 Montello St, Reno, NV 89512 is a 5 bedroom, 5 bathroom multi-family built in 1948. 770 Montello St is located in Northeast, Reno. This property is currently available for sale and was listed by NNRMLS on Jul 26, 2021. The MLS # for this home is MLS# 210010910.