Price:
$649,888
Baths:
0
Living Area SqFt:
1,610
Status:
Active
Property Type:
Multifamily
Lot Size Acres:
0.16
Lot Size SqFt:
6,969
Year Built:
1958
Neighborhood:
H F M & M Add
Days on Website:
237
Courtesy of Platinum Real Estate Prof, Joshua LaFond.
Property Description
GREAT investment opportunity in the historic westside of Las Vegas. Property has been fully renovated and stabilized in 2022. Same tenants have occupied the property since the renovations were complete. This property is running at a 6.8% cap rate and is fully occupied. Sqft is 2,648. This one is a gem so don’t miss on this opportunity!
Open House
Property Details and Features
-
Building
- Construction Materials: Brick,Stucco
- Number Of Buildings: 2
-
Expenses
- Insurance Expense: $3,248
- Operating Expense: $5,799
- Professional Management Expense: $0
-
Income
- Gross Income: $50,400
-
Interior Features
- Interior Features: None
-
Listing
- Listing Terms: Cash,Conventional
- Number Of Units Total: 4
- Public Survey Range: 61
- Public Survey Section: 27
- Public Survey Township: 20
-
Location
- City: Las Vegas
- County Or Parish: Clark
- Distance To Sewer Comments: Public
- Distance To Water Comments: Public
-
Lot
- Additional Parcels Description: —
- Parcel Number: 139-27-210-130
-
Parking
- Parking Features: AlleyAccess,Paved
-
Property
- Property Condition: Resale,VeryGoodCondition
- Property Sub Type: MultiFamily
-
Taxes
- Tax Annual Amount: $510
-
Tenant Pays
- Tenant Pays: Electricity
-
Utilities
- Expense: $1,509
- Electric: PhotovoltaicsNone
Property Map
$649,888 – 612 W Washington Avenue, Las Vegas, NV 89106