Courtesy of Foster Realty, Evan Roark.
Property Description
NEW AC UNITS – NEW ELECTRICAL – NEW PLUMBING – NEW COUNTERS – NEW CABINETS – NEW BATHROOMS – NEW FLOORING – NEW PAINT – NEW ROOF – If you are looking for a turn key investment opportunity this is it! This property was rebuilt after a fire, providing a new owner a practically new building. Fenced single-story building contains all two-bedroom units. Shared laundry room provides opportunity for additional income by adding paid laundry services as well as four storage units on site. Minutes away from major employment centers such as Fremont Street experience, Downtown resort corridor, Court buildings, Central Business District attracting a strong tenant base from abundant dining, entertainment, and employment nearby. Building is currently ready for you to place your own tenants, owner occupy the building, or develop other business opportunities. This 4-plex presents a unique opportunity to own nearly brand new units that really stand out against the older competition.
Open House
Property Details and Features
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Building
- Construction Materials: Stucco
- Number Of Buildings: 4
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Expenses
- Insurance Expense: $5,000
- Maintenance Expense: $2,800
- Operating Expense: $14,075
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Income
- Gross Income: $67,200
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Listing
- Listing Terms: Cash,Conventional,FHA,VaLoan
- Number Of Units Total: 4
- Public Survey Range: 61
- Public Survey Section: 35
- Public Survey Township: 20
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Location
- City: Las Vegas
- County Or Parish: Clark
- Distance To Sewer Comments: Public
- Distance To Water Comments: Public
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Lot
- Additional Parcels Description: —
- Parcel Number: 139-35-212-008
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Property
- Property Condition: Excellent,Resale
- Property Sub Type: MultiFamily
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Taxes
- Tax Annual Amount: $1,322
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Utilities
- Expense: $4,953