$585,000
$40k
718 W Wilson Ave, Las Vegas, NV 89106
- 4Beds
- 4Baths
- 2288SqFt
- 4Beds
- 4Baths
- 2288SqFt
- Property TypeCondo
- Year Built1963
- Price per Sqft$256
- On highrises133 Days
Property Details
718 W Wilson Ave is a well-maintained, garden-style fourplex in the Historic Westside, part of the Vision 2045 Downtown Las Vegas Master Plan and a designated Opportunity Zone. This single-story property has new windows, a water heater, and central AC units, plus a gated courtyard for added privacy. 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.
Property Features
Bedrooms
- Bedrooms: 4
Property History
Neighborhood
Environmental Risk
Nearby Home Values
- Presented by:
- Catherine Hyde
- Brokered by:
- Simply Vegas
- (702) 602-5460