5238 Garden Lane Active Save Request In-Person Tour Request Virtual Tour
Las Vegas,NV 89119
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,648 sqft
Price per Sqft $175
Subdivision Century Gardens Sub 2Nd
MLS Listing ID 2644176
Style Fourplex
Year Built 1977
Annual Tax Amount $1,749
Lot Size 4,791 Sqft
Property Description
This centrally located four-plex offers an excellent investment opportunity in the heart of Las Vegas, just minutes from UNLV, the Strip, shopping, dining, and schools. The property features four fully rented units in good condition with long-term tenants: Unit A: 2-bed, 1-bath, rent $1,100. Unit B: 1-bed, 1-bath, rent $945. Unit C: 3-bed, 1-bath, rent $1,245. Unit D: 2-bed, 1-bath, rent $1,095
After March 2025, leases will convert to Month-to-Month, offering the potential for rent increases. The complex also includes a community pool, and the HOA covers water and trash. This property offers stable income with strong tenant history and is a great opportunity for long-term growth in a prime Las Vegas location. After March 2025, all leases will convert to Month-to-Month agreements, providing flexibility for potential rent increases and future leasing opportunities.
Location
State NV
County Clark
Interior
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Tile
Laundry Washer Hookup,Dryer Hookup
Exterior
Pool None
Amenities Available Pool,Guard
Roof Type Composition,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools ,
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional