Excellent investment opportunity! This fourplex offers consistent rental income and strong cash-flow potential, with an estimated cap rate approaching eight percent at full occupancy. The property features four spacious 2-bedroom, 2-bathroom units. One unit has been extensively updated and showcases a modern kitchen with shaker-style cabinetry, quartz countertops, recessed lighting, and contemporary finishes throughout. Additional upgrades include luxury vinyl plank flooring, fresh interior paint, updated bathroom vanities, and beautifully remodeled walk-in showers featuring custom tile surrounds and glass enclosures. The exterior of the building has also been recently painted, enhancing curb appeal and reducing near-term maintenance costs. The remaining units feature durable laminate flooring throughout, providing low-maintenance appeal for both owners and residents. Second-floor units enjoy mountain and Las Vegas Strip views, adding to the property's appeal.
Conveniently located near Nellis Air Force Base, shopping, dining, schools, and major transportation routes, this property is well-positioned to support strong occupancy and long-term rental demand.
3,692 Sq Ft
6,970 Sq Ft Lot Size
multifamily
US$155 Monthly Tax
Built in 1983
MLS/Listing ID 2786986
2 Stories
4 Units
Blinds
Flat
Public Sewer
Public Water
Washer
Refrigerator
Range
Oven
Dryer
Disposal
Dishwasher
Style - Fourplex
Association - Storage
Construction - Stucco
Cooling - Central Air
Storage
Window Treatments
Heating - Gas
Unfurnished
Cooling - Ceiling Fans
TOTAL MONTHLY COST
US$0
US$0
US$0