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718 Wilson is a well-maintained *Opportunity Zone* fourplex, garden style, single-story units. Recently updated with newer windows, water heater, and central air conditioning units. The property has long-term tenants and a convenient location in the central Las Vegas submarket, near downtown and with easy freeway access. The property has recently been gated and enclosed, creating a courtyard environment. A two-minute drive from Jackson Avenue, which offers a vibrant mix of new restaurants, lounges, and public exhibits. The property will generate an annual income of approximately $54,000 at 100% occupancy. Operating expenses for the property are low. There are opportunities to increase income by utilizing the laundry room area with machines, leasing out the storage room, and implementing (RUBs) to offset utility expenses. Property taxes are only $918 per year. Call to request Offering Memorandum with Rent Roll.
| DAYS ON MARKET | 73 | LAST UPDATED | 2/20/2024 |
|---|---|---|---|
| TRACT | Las Vegas Orig Townsite 2nd Amd | YEAR BUILT | 1963 |
| COUNTY | Clark | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BUYER'S BROKERAGE COMPENSATION | 2.5000 |
| CONSTRUCTION | Stucco |
| EXTERIOR | Private Yard |
| HEAT | Central, Electric |
| INTERIOR | Storage |
| LOT | 6970 sq ft |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Fourplex |
| SUBDIVISION | Las Vegas Orig Townsite 2nd Amd |
| TAXES | 918 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listed with Catherine Hyde, Simply Vegas
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