833 Bruce St - Apartments FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$599,999 USD
702-408-2289
833 Bruce St, Las Vegas, NV for Sale
$599,999 USD
Apartments - FOR SALE
1/15
null | 8.16% Cap Rate

833 Bruce St
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Fully remodeled fourplex with remodeled interiors and newer appliances
  • Fenced lot with private outdoor space and on-site parking
  • Two-story walk-up in quiet, established neighborhood near Downtown Las Vegas

OVERVIEW

This fully remodeled fourplex presents an exceptional investment opportunity just minutes from Downtown Las Vegas. Featuring a mix of two-bedroom and one-bedroom units, the property was extensively updated in 2018 with new flooring, appliances, water heaters, and fresh interior finishes. Each unit is separately metered for electric and equipped with central HVAC, minimizing owner expenses and simplifying management. The property sits on a fenced lot with private outdoor space and off-street parking, offering a stable, cash-flowing asset in a high-demand rental corridor. With in-place income, minimal deferred maintenance, and upside potential to reach an 8.16% pro-forma CAP rate through rent optimization, this property is ideal for both local and out-of-state investors.

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$195 USD /SF

# OF UNITS

4

PRICE/UNIT

$150,000

CAP RATE

8.16%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Updated Income-Producing Fourplex Near DTLV

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

MF Res 3 to 4 Units.

APN/PARCEL ID

139-26-310-044

ASK ABOUT THIS PROPERTY

Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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Catherine HydeHyde Real Estate Group at Simply VegasMore Info
702-408-2289

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