The story
- Short-term rental potential approved by the HOA
- Additional square footage beyond the assessor records
- Central location near major Reno attractions
- Nearly all utilities included in the monthly association fee
Unit APT 1007 at 280 Island Avenue is a 1-bathroom, single-level condo in Reno, NV with 440 sq ft of living space, built in 1961. It carries a monthly HOA fee of $505. Highlights include city and mountain views.
Centrally located condo with all that Reno has to offer, fine dining, museums, shopping, casinos and one block from Midtown, the Truckee across the street and more. The HOA allows for short term rentals, a great investment for investors. There is approximately 80 extra square feet with a small balcony at the door. The additional space allows for dresser and has an extra storage cabinet. This extra space is not included in the assessors square footage. The addition was HOA approved. Nearly all of the utilities are included in the monthly HOA fees.