512 S 11th Street, Las Vegas, NV 89101

$895,000
2,064
SqFt
Add to Favorites Request Information Schedule Showing Schedule Virtual Tour New Search
View on Map Request Info Add to Favorites Schedule Showing Schedule Virtual Tour
List Price
$895,000
Status
ACTIVE
MLS#
2397001
Living Area
2,064
Lot Size
6,970
Contact Us Call Us View on Map New Search

(702) 364-1146

Property Description

An amazing opportunity to own a fantastic tri-plex in the heart of Downtown Las Vegas on the corner of 11th Street between Bonneville and Clark. This building is located within attorney’s row, the historic district, and minutes to the Arts District. This is a fully renovated property from the ground up with 2 Bedroom + 1 Bathroom upscale Class A units that are designed like mini houses. Each unit is 750 sq ft. Each unit has its own washer dryer in unit, private front and backyard and designated 2 car space in the gated / covered garage. This property has monthly income of $4,500 per month and is fully occupied. Each tenant pays $1,500, $1,500, $1,500. There is a waiting list for this property with potential tenants wanting to pay $2,400. Yearly expenses to operate the property are under $5,500 per year which includes Water, Power, Trash, Sewer, Wi-Fi, Property Taxes and Management Fee. Existing net cap rate is 5.4%. Once tenant’s leases expire rents will be raised to market price.

(702) 364-1146
Contact Us
Schedule Virtual Tour
Schedule Showing
Search All Properties

Additional Information

Subdivision
Pioneer Heights Add
Zip
89101
Living Area
2,064
Flooring
Ceramic Tile
Lot Size
6,970
Acres
0.16
Property Condition
GoodCondition, Resale
Interior Features
Ceiling Fan(s)
Exterior Features
Private Yard
Heating
Central, Electric
Cooling
Other
Construction
Stucco
Year Built
1950
Bldg Desc
Triplex
Heating
Central, Electric
Cooling
Other
Appliances
Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Range, Refrigerator, Range Hood, Washer
Sewer
Public Sewer
Community Features
Storage, Cable TV
Annual Taxes
$873
Request Info Schedule Showing Schedule Virtual Tour Add to Favorites
Add to Favorites Request Information Schedule Showing New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Carl Wuestehube with MLSHomelisters.com.

The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Las Vegas REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo.
LVR MLS deems information reliable but not guaranteed.
Copyright 2023 of the Las Vegas REALTORS® MLS. All rights reserved.
The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Updated: