512 N 1st Street Active Save Request In-Person Tour Request Virtual Tour
Las Vegas,NV 89101
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $393
Subdivision Biltmore Add
MLS Listing ID 2630947
Style Duplex
Year Built 1945
Annual Tax Amount $2,403
Lot Size 8,276 Sqft
Property Description
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.
Location
State NV
County Clark
Interior
Heating Central,Electric
Cooling Central Air
Flooring Wood
Exterior
Pool None
Amenities Available None
Roof Type Composition,Shingle
Building
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Frame
Schools
Elementary Schools ,
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan