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Presented by: First Mutual Realty GroupPowered by Highrises
For Sale

$640,000

5238 Garden Ln, Las Vegas, NV 89119

  • 8Beds
  • 4Baths
  • 3648SqFt
  • 8Beds
  • 4Baths
  • 3648SqFt
  • Property Type
    Condo
  • Year Built
    1977
  • Price per Sqft
    $175
  • On highrises
    1 Day

Property Details

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.

Property Features

Bedrooms

  • Bedrooms: 8
  • Presented by:
  • Edgar Escobedo

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