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
Listing Provided Courtesy of Simply Vegas
Property Details
Price:
$585,000
MLS #:
2616436
Status:
Active
Beds:
0
Baths:
0
Address:
718 West Wilson Avenue
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Las Vegas Orig Townsite 2nd Amd
City:
Las Vegas
Listed Date:
Sep 12, 2024
State:
NV
Finished Sq Ft:
2,288
Total Sq Ft:
2,288
ZIP:
89106
Lot Size:
6,970 sqft / 0.16 acres (approx)
Year Built:
1963
Units:
4
See this Listing
Diana Valento RE/MAX Reliance | Las Vegas, Nevada About DianaDiana Valento brings over a decade of real estate expertise to the vibrant Las Vegas market.As a dedicated agent with RE/MAX Reliance, Diana combines her intimate knowledge of Las Vegas neighborhoods with exceptional negotiation skills to deliver outstanding results for her clients.Born and raised in the Southwest, Diana developed a passion for real estate after purchasing her first investment property at age 25.This experien…
More About DianaMortgage Calculator
Schools
Elementary School:
,
Interior
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central, Electric
Laundry Features
Laundry Room
Exterior
Architectural Style
Fourplex
Construction Materials
Stucco
Exterior Features
Private Yard
Parking Features
Alley Access, Paved
Parking Spots
8
Roof
Pitched
Financial
Taxes
$918
Map
Community
- Address718 West Wilson Avenue Las Vegas NV
- SubdivisionLas Vegas Orig Townsite 2nd Amd
- CityLas Vegas
- CountyClark
- Zip Code89106
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