718 W Wilson Avenue Las Vegas, NV 89106
2,288 Sq. Ft. / 6,970 Sq. Ft., 0.16 acres lot size / Multi-Family
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718 Wilson is a well-maintained *Opportunity Zone* fourplex, garden style, single-story units. Recently updated with newer windows, water heater, and central air conditioning units. The property has long-term tenants and a convenient location in the central Las Vegas submarket, near downtown and with easy freeway access. The property has recently been gated and enclosed, creating a courtyard environment. A two-minute drive from Jackson Avenue, which offers a vibrant mix of new restaurants, lounges, and public exhibits. The property will generate an annual income of approximately $54,000 at 100% occupancy. Operating expenses for the property are low. There are opportunities to increase income by utilizing the laundry room area with machines, leasing out the storage room, and implementing (RUBs) to offset utility expenses. Property taxes are only $918 per year. Call to request Offering Memorandum with Rent Roll.
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Arizona Properties, California Properties & Nevada Properties
property details
Type
Multi-Family
Status
Active
County
Clark
Year Built
1963
Sq. Ft.
2,288
Lot Size
6,970 Sq. Ft.
Listing Id
2561451
Courtesy Of
Catherine Hyde - Simply Vegas (702) 408-2289
List Office Phone
+1 (702) 320-7070
Subdivision
Las Vegas Orig Townsite 2nd Amd
Interior Features
Interior Amenities
Storage
Flooring
Ceramic Tile
Living Area Units
Sq. Ft.
Exterior Features
Parking
Paved
Stories
1
Parking Spaces
8
Utility & Building Info
Sewer
Public Sewer
Parcel Number
139-27-310-059
Cooling
Central Air
Water Source
Public
Heating
Electric Heating
Central
Central
Tax Amount
918
Building Area Total
2,288 Sq. Ft.
Price Per Sq Ft
$273
Architectural Style
1 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
02/20/2024
02/20/2024
|
Active |
$625,000
|
Greater Las Vegas Assoc of Realtors |
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Market Trends
Source: LiveBy
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