1300 N 22nd St - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$559,950 USD
702-860-7087
1300 N 22nd St, Las Vegas, NV for Sale
$559,950 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

1300 N 22nd St
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

Introducing a promising investment opportunity: a well-maintained 4-plex built in 1960, offering four identical units. Each unit boasts 2 bedrooms, 1 bathroom, and approximately 885 square feet of comfortable living space. The exterior showcases a classic mid-century design of freshly painted stucco, exuding timeless appeal. Inside, the units maintain their original charm while featuring modern upgrades. With functional kitchens, ample storage, and vintage aesthetics, these units offer a unique and appealing living experience. The property's location in a centrally located neighborhood that ensures convenient access to amenities, schools, parks, and transportation hubs. Investors can capitalize on the property's fair to good condition by implementing strategic renovations to increase its market value and rental income potential. With rising property values, this 4-plex holds considerable long-term appreciation prospects, making it an enticing opportunity for savvy investors.

FOR SALE DETAILS

PRICE

$559,950 USD

PRICE/SF

$158 USD /SF

# OF UNITS

4

PRICE/UNIT

$139,988

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,364 SF

ZONING

R3, Las Vegas

APN/PARCEL ID

139-26-513-007

ASK ABOUT THIS PROPERTY

Edward OrasiKeller Williams RealtyMore Info
702-860-7087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Edward OrasiKeller Williams RealtyMore Info
702-860-7087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.