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$619,000
Bed
Bath
1,575 SqFt
0.19 Acre Lot
8,276 Sqft Lot
Status Active
Property Type Duplex
Year Built 1945
Neighborhood Biltmore Add
Days on Website 15

Property Map

$619,000 – 512 N 1st Street, Las Vegas, NV 89101

Street View

Courtesy of Nevada LWF Inc., Bradley K. Petersen.

Description

1,975 SF. RARE FIND! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. NO HOA..Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%..Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front patios, professionally designed, shared laundry room, Brand New Flooring..Brand New Kitchens…Brand New Bathrooms…Brand New AC. Near Las Vegas Blvd, Circa hotel, restaurants, shopping and more. Cameras, hardwired keypads, full iron fence. Rare oversized 8,300 SF lot with plenty of room to expand. C2 zoning will allow you to build storage spaces or more rooms & offices in yard. Designed for minimal expenses and maximum income, rents will only go up with this building. THIS IS MAILBOX MONEY.

Property Details and Features

Building

  • Construction Materials: Stucco,WoodFrame
  • Number Of Buildings: 1
  • Structure Type: Duplex

Interior Features

  • Interior Features: CeilingFans

Listing

  • Listing Terms: Cash,Conventional,FHA,VaLoan
  • Number Of Units Total: 2
  • Public Survey Range: 61
  • Public Survey Section: 27
  • Public Survey Township: 20

Location

  • City: Las Vegas
  • County Or Parish: Clark
  • Distance To Sewer Comments: Public
  • Distance To Water Comments: Public

Lot

  • Additional Parcels Description: —
  • Parcel Number: 139-27-810-031

Property

  • Property Condition: Excellent,Resale
  • Property Sub Type: Duplex

Taxes

  • Tax Annual Amount: $2,403

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