Reno, NV 89501,280 Island AVE Avenue #1002
Reno, NV 89501,280 Island AVE Avenue #1002
Reno, NV 89501,280 Island AVE Avenue #1002
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$315,000
Est. payment /mo
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1 Bed
2 Baths
751 SqFt
Price Dropped by $10K

280 Island AVE Avenue #1002 Reno, NV 89501

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 751 sqft

Price per Sqft $419

Subdivision Park Towers

MLS Listing ID 250003552

Bedrooms 1

Full Baths 2

HOA Fees $675/mo

Year Built 1961

Annual Tax Amount $1,046

Lot Size 871 Sqft

Acres 0.02

Lot Dimensions 0.02

Property Sub-Type Condominium

Property Description

The legendary Park Tower in Reno offers a rare find, one of the only downtown high rises still allowing short term rentals, an exciting prospect whether you're a new or savvy real estate investor, eyeing unique opportunities. This stunning 1-bedroom, 2-bathroom condo has been thoughtfully converted into two rentable Airbnb units with separate locked entrances and a history of consistent bookings, making it a truly turnkey investment opportunity. Savor jaw dropping views of the Truckee River, Wingfield Park, and the Sierra Mountains from Mount Rose to Peavine Peak. Enjoy coffee as kayakers paddle by or tap into the vibrant city vibe. Close to top tier dining, shopping, and entertainment, this gem invites exploration for investment potential or lifestyle appeal. A shared rooftop deck and nearby hiking trails call to adventurers, while Lake Tahoe's world class skiing, beaches, and water sports sit just a short drive away. Don't wait, schedule a showing today!

Location

State NV

County Washoe

Community Park Towers

Area Park Towers

Zoning MD-RD

Direction Arlington/Island Ave.

Rooms

Family Room None

Other Rooms None

Dining Room Living Room Combination

Kitchen Breakfast Bar

Interior

Interior Features Ceiling Fan(s), Elevator, Lift or Stair Chair

Heating Electric, Forced Air

Cooling Central Air, Electric, Refrigerated

Flooring Ceramic Tile

Fireplace No

Laundry Common Area, Laundry Area, Laundry Room, Sink

Exterior

Exterior Feature None

Parking Features Assigned, Common, Under Building

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

Amenities Available Gated, Maintenance Grounds, Maintenance Structure, Management

View Y/N Yes

View City, Mountain(s), Park/Greenbelt, Trees/Woods

Roof Type Flat

Garage No

Building

Lot Description Corner Lot, Level

Story 4

Foundation Slab

Water Public

Structure Type Brick,Masonite

New Construction No

Schools

Elementary Schools Mt. Rose

Middle Schools Swope

High Schools Reno

Others

Tax ID 011-474-10

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional


Listed by RE/MAX Gold-Midtown

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agent

Michelle Barney

Broker | License ID: B.143247.LLC

+1(775) 303-7558

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280 Island AVE Avenue #1002