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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,680 sqft
Price per Sqft $149
MLS Listing ID 2365380
Sold Date 03/04/22
Style Duplex
Construction Status Good Condition,Resale
HOA Y/N No
Year Built 1947
Annual Tax Amount $1,779
Lot Size 1.240 Acres
Acres 1.24
Property Sub-Type Duplex
Property Description
Hard to find ((7 unit property 9 streams of income)), turn key investment. There are 5 houses, a duplex and 2 rented lots. This strong cash flow property is in great shape and has been through a recent and extensive remodel. With a strong potential for an upside potential on rents; there is little to do here. This property can make the perfect value add project with room to expand on the 1.2 acre lot that also offers plenty of parking. Each unit has its own yard and driveway with plenty of area to park on. The one bedrooms can potentially be remodeled into two or more bedrooms. Additional two lots receiving income. The location is in the eastern quadrant of the city and within walking distance to shopping, services and bus lines. The demographic is a blue collar working class with an eagerness to pay rent on time. If you're looking for the perfect property to exchange into the seller can close as fast as you'd like on this one.
Location
State NV
County Clark County
Direction From 95 & Charleston head east to Nellis and then left to Kell Ln and take a right. Buildings are on the right.
Interior
Interior Features Storage
Heating Electric, Other
Cooling Window Unit(s)
Flooring Ceramic Tile
Furnishings Unfurnished
Fireplace No
Appliance Oven, Range, Refrigerator
Exterior
Exterior Feature Private Yard
Amenities Available Storage
Water Access Desc Public
Roof Type Composition,Shingle
Porch Patio
Total Parking Spaces 14
Building
Story 1
Sewer Public Sewer
Water Public
Construction Status Good Condition,Resale
Others
Tax ID 140-21-401-002
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Mary Preheim Keller Williams VIP
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