Three of four units occupied and generating $3,850/month in rental income!
This updated fourplex offers investors immediate cash flow with additional upside through lease-up of the remaining available unit. Major capital improvements have already been completed, including brand-new building-wide plumbing (2024), updated water heaters, renovated bathrooms in all four units,… Read More updated windows, and luxury vinyl plank flooring in three units—allowing the next owner to focus on growing returns rather than tackling major repairs. The property features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with separately metered electric service to help minimize owner expenses. A spacious courtyard-style layout, ample parking, and a convenient location near Downtown Las Vegas, the Arts District, shopping, dining, public transportation, and major employment centers make this an attractive property for tenants. Whether you're expanding your portfolio or completing a 1031 exchange, this is a rare opportunity to acquire an income-producing asset with major improvements already in place and room for future growth. Read Less
Courtesy of Realty ONE Group, Inc, Deshawn L. Williams, 702-286-5863.
Listing Snapshot
Days Online
141
Last Updated
Property Type
MultiFamily
Square Ft.
2,870
Lot Size
0.15 Acres
Year Built
1963
MLS Number
2789715
Additional Details
Appliances & Equipment
Refrigerator, WaterHeater
Building
Built in 1963, Living area: 2870.0, 1 building, Levels: One, Construction Materials: Stucco
Cooling
CentralAir
Disclosures
PrincipalIsRealEstateLicensed
Floors
LuxuryVinylPlank
Heating
Central, Electric
Home Owner's Association
Amenities: None
Interior Features
WindowTreatments
Lot
0.15 acres
Property
GoodCondition
Roof
Composition, Flat, Shingle
Sewer
PublicSewer
Taxes
Parcel Number: 139-36-114-005, Public Survey Range: 61, Public Survey Section: 36, Public Survey Township: 20, Annual Amount: $1,661
Utilities
Water Source: Public
Windows
Blinds
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