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Description

Discover the remarkable investment potential of this charming 4-bedroom, 3-bathroom property on Benjamin Franklin Drive in highly desirable Old Southwest Reno. This unique compound offers an incredible opportunity with its main house plus two additional guest residences, currently generating 6,000 monthly through short-term rental income. The 1,471 square foot main house features original hardwood floors throughout and updated kitchen flooring, creating the perfect blend of vintage character and modern functionality. The property's multi-generational living potential makes it ideal for extended families or savvy investors seeking diverse income streams. Step outside to discover professionally maintained mature landscaping adorned with fruit trees and raised garden beds, creating a private oasis in the heart of the city. Chain link fencing thoughtfully separates the three properties, while convenient rear parking accommodates multiple vehicles. Each residence includes washer and dryer hookups, ensuring maximum convenience for residents or guests. The location couldn't be more perfect for those seeking the best of Reno living. You're walking distance from trendy coffee shops, restaurants, and shopping, while remaining close to downtown Reno, the vibrant Midtown district, and the scenic Truckee River. Nearby Idlewild Park and Crissie Caughlin Park provide abundant outdoor recreation opportunities, and the greenbelt offers peaceful walking paths right at your doorstep. Recent improvements include extensive septic system repairs and pumping, newer heating, ventilation, and air conditioning systems throughout, with mini splits and baseboard heat in the guest residences. New flooring in the guest homes adds to the property's appeal, and all furnishings can be included for turnkey convenience. All three units have washer/dryer's and refrigerators which are also included. The very back unit (the bungalow) has new windows. With established schools nearby, Reno Tahoe International Airport accessibility, and the seller providing detailed financial records, this property represents a rare find in today's market. Whether you're seeking a family compound, investment property, or unique rental opportunity, this Benjamin Franklin Drive gem delivers exceptional value and endless possibilities.