718 W Wilson Avenue Active

Las Vegas,NV 89106

$ 625000

- Bed

- Bath

2288 SqFt


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 $273

Subdivision Las Vegas Orig Townsite 2Nd Amd

MLS Listing ID 2616436

Style Fourplex

Year Built 1963

Annual Tax Amount $918

Lot Size 6,969 Sqft

Property Description

Located in the Historic Westside and part of the Vision 2045 Downtown City of Las Vegas Master Plan, 718 Wilson is a well-maintained, garden-style fourplex in a designated Opportunity Zone. This single-story property has been updated with new windows, a water heater, and central air conditioning units. Conveniently located near downtown Las Vegas with easy freeway access, the property also features a gated courtyard for added privacy.

With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.

Location

State NV

County Clark

Interior

Heating Central,Electric

Cooling Central Air

Flooring Ceramic Tile

Laundry Laundry Room

Exterior

Exterior Feature Private Yard

Garage Alley Access,Paved

Pool None

Roof Type Pitched

Building

Sewer Public Sewer

Water Public

Structure Type Stucco

Schools

Elementary Schools ,

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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