Located in the Historic Westside and part of the Vision 2045 Downtown City of Las Vegas Master Plan, 718 Wilson is a well-maintained, garden-style fourplex in a designated Opportunity Zone. This single-story property has been updated with new windows, a water heater, and central air conditioning units. Conveniently located near downtown Las Vegas with easy freeway access, the property also features a gated courtyard for added privacy.
With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.
With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.
Listing Provided Courtesy of Simply Vegas
Property Details
Price:
$625,000
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
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
Directions
From downtown Las Vegas head north east on City Parkway towards W. Carson Ave.
Turn left onto W. Bonanza Rd.
Turn right onto H St.
Turn right onto W. Wilson Ave.
Map
Contact Us
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