1551 E Reno Road $499,000


    1551 E Reno Road Reno, TX 76020

    • 16 Beds
    • 11.1 Baths
    • Multi-Family
    • MLS# 14625415
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    Views: 42

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    Property Details

    Description Tours

    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 from 2019 as a more accurate number of annual expenses. Seller did some extensive rehabbing of one of the properties in 2020. Gross income does not reflect a $100 per month increase in rent effective November, 2021, on one of the properties

    • General Features
      • Association Type None
      • Complex Name None
      • County Or Parish Parker
      • Financing Proposed Cash,Conventional
      • Fireplaces Total 0
      • Interior Features High Speed Internet Available
      • Pool Yn 0
      • Possession Subject to Lease
      • Property Sub Type MUL-Multiple Single Units
      • Property Type Multi-Family
      • Security Features Carbon Monoxide Detector,Smoke Detector
      • Security System YN 0
      • SQFT Building 0
      • Subdivision Name John Hall Survey
      • Unexempt Taxes $4,422
      • Utilities Asphalt, City Water, Septic
      • Year Built 9999
      • Year Built Details Preowned
    • Building Features
      • Beds Total 16
      • Building Area Source Other Documentation
      • Construction Materials Siding
      • Exterior Features Covered Deck,Satellite Dish,Storage Building
      • Flooring Carpet,Vinyl
      • Foundation Details Pilings
      • Full Bathrooms 11
      • Half Bathrooms 1
      • Heating Central Air-Elec,Central Air-Gas,Central Heat-Elec,Propane
      • Number Of Buildings 6
      • Number Of Parking Spaces 12
      • Number Of Stories 1
      • Number Of Units 6
      • Parking Features Open
      • Roof Other
      • Unit Count 6
    • Property Features
      • Fencing None
      • Lot Features Acreage,Some Trees
      • Lot Number 1.66
      • Lot Size 1 Acre to 2.99 Acres
      • Lot Size Area 1.660
      • Lot Size Area SQFT 72309.60
      • Lot Size Units Acres
      • Waterfront Y/N 0
    • Schools
      • Elementary School Name Liberty
      • Junior High School Name Forte
      • High School Name Azle
      • School District Azle ISD
    • Additional Features
      • Tax Legal Description ACRES: 1.660 TRACT: 7 ABST: 2308 SURVEY: HALL
      • Other Equipment Dishwasher,Range/Oven-Electric
      • Handicap Yn 0


    Dave Perry-Miller Customer Care

    Dave Perry-Miller Customer Care


    Dave Perry-Miller - InTown

    Office: 214-294-5788
    • Prosperity Home Mortgage


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    Prosperity Home Mortgage, LLC

    Prosperity Home Mortgage, LLC

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    ©2021 North Texas Real Estate Information Systems, Inc. All Rights Reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, North Texas Real Estate Information Systems, Inc.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.