512 N 1St Street
Las Vegas, NV 89101
Active for $619,000
Beds: N/A Baths: N/A Structure Size: 1,575 sqft Lot Size: 8,276 sqft
MLS | 2630947 |
Year Built | 1945 |
Property Type | Duplex |
County | Clark |
Status | Active |
Active | $619,000 |
Structure Size | 1,575 sqft |
Lot Size | 8,276 sqft |
Beds | N/A |
Baths | N/A |
Description
1,975 SF. RARE FIND! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. NO HOA..Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%..Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front patios, professionally designed, shared laundry room, Brand New Flooring..Brand New Kitchens...Brand New Bathrooms...Brand New AC. Near Las Vegas Blvd, Circa hotel, restaurants, shopping and more. Cameras, hardwired keypads, full iron fence. Rare oversized 8,300 SF lot with plenty of room to expand. C2 zoning will allow you to build storage spaces or more rooms & offices in yard. Designed for minimal expenses and maximum income, rents will only go up with this building. THIS IS MAILBOX MONEY.
Listing information courtesy of: Bradley Petersen, Nevada LWF Inc. (855) 456-4945. *Based on information from the Association of REALTORS/Multiple Listing as of 11/19/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.