718 W Wilson Avenue Active Save Request In-Person Tour Request Virtual Tour
Las Vegas,NV 89106
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,288 sqft
Price per Sqft $255
Subdivision Las Vegas Orig Townsite 2Nd Amd
MLS Listing ID 2616436
Style Fourplex
Year Built 1963
Annual Tax Amount $918
Lot Size 6,969 Sqft
Property Sub-Type Multi Family
Property Description
Unlock Financial Freedom with This House Hack Opportunity! Step into real estate investing with this well-maintained, garden-style fourplex at 718 W Wilson Ave generates $4,346 in rental income, producing a 7.7% CAP rate. With just 5% down using an owner-occupant loan, you can achieve an incredible 31% cash-on-cash return while your tenants cover your mortgage. The property pays for itself, builds appreciation, and lets you live rent-free! Located in the Historic Westside—part of the Vision 2045 Downtown Las Vegas Master Plan and an Opportunity Zone—it features new windows, a water heater, central AC, and a gated courtyard. Long-term tenants, low expenses, and extra income potential (laundry, storage, RUBs) add to its value. Contact us for the Offering Memorandum, 3D tour, and Rent Roll
Location
State NV
County Clark
Interior
Heating Central,Electric
Cooling Central Air
Flooring Ceramic Tile
Laundry Laundry Room
Exterior
Exterior Feature Private Yard
Parking Features Alley Access,Paved
Pool None
Roof Type Pitched
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools ,
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://my.matterport.com/show/?m=gPpX5aRKfMg