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645 Quincy St 5 Unit Apartment Building $1,705,300 CAD ($341,060 CAD/Unit) 5.32% Cap Rate Reno, NV 89512
Executive Summary
4-UNIT BUILDING + SINGLE-FAMILY COTTAGE
645 Quincy offers a rare and unique investment opportunity featuring a 4-unit apartment building (all
1BR/1BA units) plus a fully renovated 2BR/1BA single-family cottage on the same lot. This turnkey asset in
central Reno combines the income stability of multifamily with the charm and appeal of a standalone cottage.
Both structures have been extensively renovated with modern finishes including luxury vinyl plank flooring,
updated kitchens with modern countertops and shaker cabinets, and stainless steel appliances.
645 Quincy offers a rare and unique investment opportunity featuring a 4-unit apartment building (all
1BR/1BA units) plus a fully renovated 2BR/1BA single-family cottage on the same lot. This turnkey asset in
central Reno combines the income stability of multifamily with the charm and appeal of a standalone cottage.
Both structures have been extensively renovated with modern finishes including luxury vinyl plank flooring,
updated kitchens with modern countertops and shaker cabinets, and stainless steel appliances.
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,705,300 CAD | Building Class | B |
| Price Per Unit | $341,060 CAD | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,483 SF |
| Cap Rate | 5.32% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | MU | ||
| Price | $1,705,300 CAD |
| Price Per Unit | $341,060 CAD |
| Sale Type | Investment |
| Cap Rate | 5.32% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 3,483 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Opportunity Zone |
Yes |
| Zoning | MU |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 684 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 008-195-22 | Total Assessment | $151,413 CAD |
| Land Assessment | $81,101 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $70,311 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
008-195-22
Land Assessment
$81,101 CAD
Improvements Assessment
$70,311 CAD
Total Assessment
$151,413 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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645 Quincy St
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