Reno, NV 89503,400 Minerva LN Lane
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Reno, NV 89503,400 Minerva LN Lane
Reno, NV 89503,400 Minerva LN Lane
Reno, NV 89503,400 Minerva LN Lane
Reno, NV 89503,400 Minerva LN Lane
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400 Minerva LN Lane Reno, NV 89503

0.44 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250003415

Year Built 1949

Annual Tax Amount $1,801

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 0.44

Property Sub-Type Multi Family

Property Description

Two adjacent lots, 400 and 0 Minerva Ln, measure 0.286 and 0.149 acres, respectively, and currently host a duplex and a studio. After reversion to acreage, the combined lot size will total 0.435 acres. Zoned as MF-30, the property can accommodate the development of 13 three-story units, each with up to 5 bedrooms and 5 bathrooms, as per the City of Reno Planning Department. Located just half a mile from UNR, 2 miles from Renown Medical Center, and directly across I-80 from downtown., This property is positioned in an ideal demographic area for this type of development. Parcels 007-201-22 and 007-201-23 being sold together.

Location

State NV

County Washoe

Zoning MF-30

Direction University Terrace-Ralston-Minerva

Interior

Heating Natural Gas

Flooring Varies

Equipment Satellite Dish

Laundry In Unit

Exterior

Parking Features Carport

Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed

View Y/N No

Roof Type Composition,Pitched,Shingle

Garage No

Building

Lot Description Landscaped

Story 2

Foundation Crawl Space

Water Public

Structure Type Frame,Wood Siding

Schools

Middle Schools Clayton

High Schools Reno

Others

Tax ID 00720122

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


Listed by LPT Realty, LLC
agent

Shirley Larkins

Broker | License ID: NV B.145480

+1(775) 379-9617

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400 Minerva LN Lane