512 Albert Avenue, Las Vegas, NV 89119

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List Price
$788,000
Status
ACTIVE
Days on Market
2
MLS#
2834019
Subtype
Residential
Style
Fourplex
Architectural Style
Fourplex
Year Built
1963
Living Area
2,924
Lot Size
8,276
Acres
0.19
Subdivision
Paradise South

Property Description

Central Las Vegas fourplex about a mile east of the Strip and roughly 3 miles from Harry Reid International Airport. Three units bring in $4,500 a month and the fourth is open to lease at market rent, so the upside starts on day one. Four 2 bedroom units total 2,924 sq ft on an 8,276 sq ft lot, with stucco construction, tile roof, tile flooring, central air and gas heat. Units have private patios, balconies and enclosed yards, and there’s an onsite laundry room with owner owned machines. Electric and gas are separately metered and paid by tenants. No HOA. Casino and hospitality jobs, UNLV and the Convention Center are all minutes away, so renters want to live here. The area is changing fast. A large new apartment community is planned right next door, bringing fresh investment to the block, and the A’s $2 billion ballpark on the Strip is on track to open in 2028. Own a well located fourplex before the next wave of development drives prices up. Please do not disturb tenant

Additional Information

Exterior Features
Private Yard
Taxes
$1,768
Property Description
Fourplex
Appliances
Oven, Range, Refrigerator
Heating
Central, Gas
Air Conditioning
Central Air
Exterior Construction
Stucco
Stories
2
Levels
Two

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Calculator source: Real Geeks

Courtesy of Mario Vitale with Huntington & Ellis, A Real Est.

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