Unlock Financial Freedom with This House Hack Opportunity! Step into real estate investing with this well-maintained, garden-style fourplex at 718 W Wilson Ave generates $4, 346 in rental income, producing a 7.7% CAP rate. With just 5% down using an owner-occupant loan, you can achieve an incredible 31% cash-on-cash return while your tenants cover your mortgage. The property pays for itself, builds appreciation, and lets you live rent-free! Located in the Historic Westsidepart of the Vision 2045 Downtown Las Vegas Master Plan and an Opportunity Zoneit features new windows, a water heater, central AC, and a gated courtyard. Long-term tenants, low expenses, and extra income potential (laundry, storage, RUBs) add to its value. Contact us for the Offering Memorandum, 3D tour, and Rent Roll
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Electric
Land Info
- Lot Size Acres: 0.16
- Lot Size Square Feet: 6970
Garage and Parking
- Parking Features: Alley, Paved or Surfaced
- Parking Total: 8
Exterior and Lot Features
Other Property Info
- Annual Tax Amount: 918
- Source Listing Status: Active
- County: Clark
- Directions: From downtown Las Vegas head north east on City Parkway towards W. Carson Ave. Turn left onto W. Bonanza Rd. Turn right onto H St. Turn right onto W. Wilson Ave.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Las Vegas Orig Townsite 2nd Amd
- Parcel Number: 139-27-310-059
- Subdivision: Las Vegas Orig Townsite 2nd Amd
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 1963
- Building Exterior Type: Stucco
- Property Age: 62
- Structure Type: Multi Family
- House Style: Fourplex