Las Vegas, NV 89119,5238 Garden Lane
Las Vegas, NV 89119,5238 Garden Lane
Las Vegas, NV 89119,5238 Garden Lane
12
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$640,000
Est. payment /mo
3,648 SqFt
Active

5238 Garden Lane Las Vegas, NV 89119

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UPDATED:

01/07/2025 09:20 PM

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

Construction Status RESALE

HOA Y/N Yes

Originating Board GLVAR

Rental Info Month To Month

Year Built 1977

Annual Tax Amount $1,749

Lot Size 4,791 Sqft

Acres 0.11

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

Body of Water Public

Interior

Interior Features Ceiling Fan(s), Storage

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Tile

Furnishings Unfurnished

Appliance Dryer, Dishwasher, Disposal, Washer

Laundry Washer Hookup, Dryer Hookup

Exterior

Pool None

Amenities Available Pool, Guard

Roof Type Composition,Shingle

Porch Patio

Building

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Stucco

Construction Status RESALE

Schools

Elementary Schools ,

Others

Tax ID 162-27-616-014

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Las Vegas Realtors (GLVAR)
Listed by Edgar Escobedo • First Mutual Realty Group

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agent

Jeremy Hyde

Broker-Salesperson | S.BS.146902

+1(702) 408-6455

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5238 Garden Lane