1050 Novelly Dr, Reno, NV 89503

$475,000
2
BD
1
BA
888
SqFt

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Sold Price
$475,000
List Price
$475,000
Status
CLOSED
MLS#
260006868
Days on Market
14
Closing Date
Jun 12, 2026
Year Built
1947
Bedrooms
2
Bathrooms
1
Acres
0.15
Subtype
Single Family Residence
Living Area
888
Stories
1
Lot Size
6,534

Property Description

Fantastic opportunity just minutes from the University of Nevada, Reno! This charming and fully furnished home has been successfully utilized as a rental for the past 3 years, making it an ideal option for investors, student housing, traveling professionals, or buyers seeking a turnkey short-term rental opportunity. Situated in one of Reno's most desirable central locations, this property offers convenient access to UNR, downtown Reno, restaurants, shopping, and freeway access. Inside, you'll find a well-maintained home featuring original wood flooring, an adorable kitchen, abundant natural light, and timeless character throughout. The spacious lot is surrounded by mature trees and landscaping, creating a private and inviting outdoor setting perfect for relaxing or entertaining. Major recent upgrades include a brand new roof, new windows throughout, newly added A/C and mini split systems for year-round comfort, and a new sewer line, providing peace of mind for future owners. Whether you're looking to expand your investment portfolio or secure a move-in ready home in a prime location, this property checks all the boxes. Most furnishings are negotiable, offering a rare opportunity to purchase a truly turnkey home. Don't miss your chance to own a proven income-producing property near the university in the heart of Reno!

Additional Information

Taxes
$826
Utilities
Electricity Available, Sewer Available, Water Available, Cellular Coverage, Internet Available, Water Meter Installed, Oil Available
Stories
1
View
Mountain(s)
Roof
Composition, Shingle
Foundation
Crawl Space
Garage Description
Attached, Garage
Garage Spaces
1
Elementary School
Elmcrest
Middle School
Clayton
High School
Reno

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Kautz Zinda Real Estate Group and Realty One Group Eminence. Contact:

Selling Office: Keller Williams Group One Inc..

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Data last updated on 06/28/2017.

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