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504 Albert Avenue Las Vegas, NV 89119
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Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,924 sqft
Price per Sqft $235
Subdivision Paradise South
MLS Listing ID 2397982
Sold Date 06/09/22
Style Fourplex
Construction Status RESALE
HOA Y/N No
Originating Board GLVAR
Year Built 1963
Annual Tax Amount $1,297
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Location, Location, Location! 1.5 miles from Las Vegas Strip and Convention Center. Directly adjacent to Howard Hughes Center. Great corporate housing or vacation rental opportunity!
Current rents: 2 Units @ $900/month. 1 year leases. 1 Unit @$1,150 month to month. w/ long term tenants. One unit freshly remodeled and vacation/corporate rental ready, or can be rented to long term tenant for at least $1,200. Also great for owner occupant. Lots of options!
Expenses: Property management 7-10% of gross. Gas - $80/month. Trash - $168.18/quarter. Water - $82/month. Power - $40. No HOA!
No expenses spared- Landscape is freshly installed weed barrier and rock. No maintenance! Parking lot completely redone May 2022. Brand new picnic area installed. 3 new HVAC systems within last three years w/ the 4th being installed less than 5 years ago; systems professionally maintained twice a year - recently thoroughly cleaned and inspected. No expected large CAPEX on the horizon.
Room to build on lot.
Location
State NV
County Clark County
Body of Water Public
Interior
Heating Central, Electric
Cooling Central Air
Flooring Carpet, Tile
Furnishings Unfurnished
Window Features Blinds
Appliance Exhaust Fan, Oven, Range, Refrigerator, Range Hood
Laundry Common Area, Laundry Room
Exterior
Exterior Feature Private Yard
Pool None
Roof Type Composition,Pitched,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block
Construction Status RESALE
Others
Tax ID 162-15-411-032
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Alex Vazquez • Coldwell Banker Premier
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