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… Read More units, 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
51
Last Updated
Property Type
MultiFamily
Square Ft.
2,870
Lot Size
0.15 Acres
Year Built
1963
MLS Number
2789715
30 Days Snapshot Of 89101
$338k
+16%
(avg) sold price
17
0%
homes sold
80
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: Stucco, Number Of Buildings: 1
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