718 W Wilson Avenue
Las Vegas, NV 89106
$40,000.00 (-6.4%)
Active for $585,000
Beds: N/A Baths: N/A Structure Size: 2,288 sqft Lot Size: 6,970 sqft
MLS | 2616436 |
Year Built | 1963 |
Property Type | Multi Family |
County | Clark |
Status | Active |
Active | $585,000 |
Structure Size | 2,288 sqft |
Lot Size | 6,970 sqft |
Beds | N/A |
Baths | N/A |
Description
Located in the Historic Westside and part of the Vision 2045 Downtown City of Las Vegas Master Plan, 718 Wilson is a well-maintained, garden-style fourplex in a designated Opportunity Zone. This single-story property has been updated with new windows, a water heater, and central air conditioning units. Conveniently located near downtown Las Vegas with easy freeway access, the property also features a gated courtyard for added privacy. With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.
Listing information courtesy of: Catherine Hyde, Simply Vegas (702) 408-2289. *Based on information from the Association of REALTORS/Multiple Listing as of 12/28/2024 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.