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Janice Schaaf

janice.schaaf@engelvoelkers.com +1(650) 208-1548

$ 289,950

Est. payment -/mo

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Price Dropped by $10K

280 Island AVE Avenue #APT 1406 Reno, NV 89501

1 Bed

2 Baths

361 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 361 sqft

Price per Sqft $803

Subdivision Park Towers

MLS Listing ID 250000697

Bedrooms 1

Full Baths 2

HOA Fees $720/mo

Year Built 1961

Annual Tax Amount $1,022

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.02

Property Sub-Type Condominium

Property Description

Owner to contribute $5,000 towards buyers closing costs. INVESTOR ALERT! Discover an unparalleled opportunity with this high-performing Airbnb condo, boasting two exclusive, thoughtfully designed spaces (two separate Airbnb listings). Each space offers stunning, unobstructed views of downtown Reno, the vibrant Riverwalk District, & the surrounding mountains. The main unit features a full kitchen, while the secondary unit includes a convenient kitchenette., Both spaces offer private keyless entrances, ensuite full bathrooms. Plus, this exceptional property comes FULLY FURNISHED, complete with all necessary supplies—making it a seamless, turnkey investment. This unique condo is ideal for investors seeking a turnkey short-term rental operation or owner-occupants looking to offset living expenses. Perfect for multigenerational families or savvy buyers, the layout provides flexibility and privacy. Guests will appreciate the curated attention to detail designed to enhance their experience. A stocked supply closet ensures effortless property management, and the HOA covers nearly all utilities (excluding electricity and cable/internet). This is the only high rise building in the downtown area that allows Airbnb's. Don't miss your chance to own this prime, income-generating property in the heart of Reno. See attached docs for last 3 years of gross income earnings for Airbnb business and all operating docs/inventory list. Call today to schedule a private tour and seize this rare opportunity.

Location

State NV

County Washoe

Community Park Towers

Area Park Towers

Zoning Mdrd

Direction Arlington

Rooms

Family Room None

Other Rooms Entrance Foyer

Dining Room Kitchen Combination

Kitchen Breakfast Nook

Interior

Interior Features Primary Downstairs

Heating Electric, Forced Air, Hot Water

Cooling Central Air, Electric, Refrigerated

Flooring Ceramic Tile

Fireplace No

Appliance Additional Refrigerator(s)

Laundry Common Area, Laundry Area

Exterior

Exterior Feature None

Parking Features Common, Garage, Under Building

Utilities Available Electricity Available, Internet Available, Sewer Available, Water Available, Cellular Coverage

Amenities Available Gated, Landscaping, Maintenance Grounds, Maintenance Structure

View Y/N Yes

View City, Mountain(s), Park/Greenbelt, Peek

Roof Type Flat

Garage No

Building

Lot Description Level

Story 1

Foundation Slab

Water Public

Structure Type Masonry Veneer

Schools

Elementary Schools Mt. Rose

Middle Schools Swope

High Schools Reno

Others

Tax ID 01147514

Acceptable Financing Conventional, FHA, VA Loan

Listing Terms Conventional, FHA, VA Loan

Listed by Blue Sierra Realty

Janice Schaaf

Global Real Estate Advisor ~ Realtor | License ID: NV 185416 | CA 01768524

+1(650) 208-1548

GET MORE INFORMATION