Tim Koskinen - Reno Real Estate Agent - 775-303- 2614
MLS: 250000697 $289,950
1 Bedroom with 2 Baths280 ISLAND AVENUE#APT 1406
RENO NV 89501MLS: 250000697
Status: ACTIVE
List Price: $289,950
Price per SQFT: $362
Square Footage: 8011 Bedroom
2 Baths
Year Built: 1961
Zip Code: 89501
Listing Remarks
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.
Address: 280 ISLAND AVENUE#APT 1406 RENO NV 89501
Listing Courtesy of BLUE SIERRA REALTY
Community: PARK TOWER ... Listing 3 of 7
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Condo Mania Agent
Tim Koskinen
Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614
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Listing Details
STATUS: Active PROPERTY TYPE: Residential PROPERTY SUB TYPE: Condominium LISTING CONTRACT DATE: 2025-01-19 ON MARKET DATE: 2025-01-19 BEDROOMS: 1 BATHROOMS: 2 LIVING AREA SQ FT: 801 LIVING AREA SOURCE: Assessor BUILDING AREA TOTAL: 801 YEAR BUILT: 1961 TAXES: $1,022 HOA FEES FREQUENCY: Monthly HOA FEES: $720 HOA INCLUDES: Utilities HOA AMENITIES: Gated, Landscaping, Maintenance Grounds, Maintenance Structure APPLIANCES INCLUDED: Disposal, Electric Oven, Electric Range, Microwave, Refrigerator, Additional Refrigerator(s), Electric Cooktop CONSTRUCTION: Masonry Veneer EXTERIOR FEATURES: None FLOORING: Ceramic Tile, Laminate HEATING: Electric, Forced Air, Hot Water COOLING: Central Air, Electric, Refrigerated INTERIOR FEATURES: Primary Downstairs LAUNDRY FEATURES: Common Area, Laundry Area LOT FEATURES: Level, Adjoins Street, Adjoins River # GARAGE SPACES: 0 # CARPORT SPACES: 0 PARKING FEATURES: Common, Garage, Under Building ROOF: Flat VIEW: City, Mountain(s), Park/Greenbelt, Peek LISTING AGENT: CAMERON MEALS LISTING OFFICE: BLUE SIERRA REALTY LISTING CONTACT: 775-544-4423
Estimated Monthly Payments
List Price: $289,950 20% Down Payment: $57,990 Loan Amount: $231,960 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $1,466 Estimate does not include taxes, fees, insurance.
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Property Location: 280 ISLAND AVENUE#APT 1406 RENO NV 89501
This Listing
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Condo Mania Agent
Emily Weyrick
Reno-Tahoe Realty Group
#BS.144645
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Last Updated: 2025-06-15