512 North 1st Street Las Vegas NV 89101 MLS #2630947

MLS #2630947 img 0
1,975 SF. RARE FIND! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. NO HOA..Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%..Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front patios, professionally designed, shared laundry room, Brand New Flooring..Brand New Kitchens…Brand New Bathrooms…Brand New AC. Near Las Vegas Blvd, Circa hotel, restaurants, shopping and more. Cameras, hardwired keypads, full iron fence. Rare oversized 8,300 SF lot with plenty of room to expand. C2 zoning will allow you to build storage spaces or more rooms & offices in yard. Designed for minimal expenses and maximum income, rents will only go up with this building. THIS IS MAILBOX MONEY.
Listing Provided Courtesy of Nevada LWF Inc.

Property Details

Price:
$619,000
MLS #:
2630947
Status:
Active
Beds:
0
Baths:
0
Address:
512 North 1st Street
Type:
Single Family
Subtype:
Duplex
Subdivision:
Biltmore Add
City:
Las Vegas
Listed Date:
Nov 6, 2024
State:
NV
Finished Sq Ft:
1,575
Total Sq Ft:
1,575
ZIP:
89101
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1945

Schools

Elementary School:
,

Interior

Appliances
Dishwasher, Microwave, Oven, Range, Refrigerator
Cooling
Central Air
Flooring
Wood
Heating
Central, Electric

Exterior

Architectural Style
Duplex
Construction Materials
Stucco, Wood Frame
Roof
Composition, Shingle

Financial

Taxes
$2,403

Directions

Head southeast on Exit 75B toward N Casino Center Blvd, Turn right onto Stewart Ave, Turn right onto N Main St, Turn right onto E Bonanza Rd, Turn right onto N 1st St

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