Tim Koskinen - Reno Real Estate Agent - 775-303- 2614

MLS: 250000697     $289,950
1 Bedroom with 2 Baths

MLS: 250000697 Condo For Sale
280 ISLAND AVENUE#APT 1406
RENO NV 89501

MLS:  250000697
Status:  ACTIVE
List Price:  $289,950
Price per SQFT:  $362
Square Footage:  801

1 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

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Condo Mania Agent

Featured Real Estate Agent Tim Koskinen

Tim Koskinen

Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614

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Listing Photos

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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


Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Condo Mania Agent

Featured Real Estate Agent Emily Weyrick

Emily Weyrick

Reno-Tahoe Realty Group
#BS.144645

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than Reno/Tahoe Realty Group are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2025-06-15