Price:
$640,000
Baths:
0
Living Area SqFt:
4,172
Status:
Active
Property Type:
Multifamily
Lot Size Acres:
0.17
Lot Size SqFt:
7,405
Year Built:
1983
Neighborhood:
Sierra Sunrise
Days on Website:
91
Courtesy of Simply Vegas, Catherine Hyde.
Property Description
With 4,172 square feet of total living space, 2305 Exeter offers investors an immediate value-add opportunity in East Las Vegas. This classic 1983 fourplex features four extra-large 2-bedroom, 2-bath units, each with spacious living and dining rooms. The generous floor plans allow for the potential conversion of each unit to a 3-bedroom, significantly boosting rental rates and overall income potential. Fully occupied by stable, long-term tenants, the property is poised for upside through strategic renovations and lease renewals. Offered as part of a portfolio with 917 Snug Harbor and 4244 Middlesex, these assets can be acquired together or individually.
Open House
Property Details and Features
-
Building
- Construction Materials: WoodFrame
- Number Of Buildings: 1
-
Expenses
- Insurance Expense: $1,600
- Maintenance Expense: $2,088
- Operating Expense: $14,642
-
Listing
- Listing Terms: AllInclusiveTrustDeed,Cash,Conventional,FHA,NewLoan,VaLoan
- Number Of Units Total: 4
- Public Survey Range: 62
- Public Survey Section: 23
- 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: 140-23-111-042
-
Property
- Property Condition: GoodCondition,Resale
- Property Sub Type: MultiFamily
-
Taxes
- Tax Annual Amount: $2,585
-
Tenant Pays
- Tenant Pays: Electricity
-
Utilities
- Expense: $3,600
Property Map
$640,000 – 2305 Exeter Drive, Las Vegas, NV 89156