718 W Wilson Avenue Las Vegas, NV 89106
UPDATED:
01/03/2025 08:01 PM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $255
Subdivision Las Vegas Orig Townsite 2Nd Amd
MLS Listing ID 2616436
Style Fourplex
Construction Status RESALE
HOA Y/N No
Originating Board GLVAR
Rental Info 12 Months
Year Built 1963
Annual Tax Amount $918
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Located near downtown Las Vegas with easy freeway access, the property has long-term tenants and low operating expenses, generating $52,152 in annual rent:
• Unit 1: $1,000/mo – Lease through 10/31/24
• Unit 2: $1,476/mo – Lease through 11/30/25
• Unit 3: $995/mo – Lease through 1/31/25
• Unit 4: $875/mo – Lease through 11/30/24
Additional income potential exists from laundry, storage leasing, and RUBs. Property taxes are only $918 per year. Asking price: $585,000 with a 7% actual CAP rate. Contact us for the Offering Memorandum and Rent Roll.
Location
State NV
County Clark
Body of Water Public
Interior
Interior Features Storage
Heating Central, Electric
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Laundry Laundry Room
Exterior
Exterior Feature Private Yard
Parking Features Alley Access, Paved
Pool None
Roof Type Pitched
Total Parking Spaces 8
Building
Story 1
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories One
Structure Type Stucco
Construction Status RESALE
Schools
Elementary Schools ,
Others
Tax ID 139-27-310-059
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
