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Unlock Financial Freedom with This House Hack Opportunity! Step into real estate investing with this well-maintained, garden-style fourplex at 718 W Wilson Ave generates $4,346 in rental income, producing a 7.7% CAP rate. With just 5% down using an owner-occupant loan, you can achieve an incredible 31% cash-on-cash return while your tenants cover your mortgage. The property pays for itself, builds appreciation, and lets you live rent-free! Located in the Historic Westside"”part of the Vision 2045 Downtown Las Vegas Master Plan and an Opportunity Zone"”it features new windows, a water heater, central AC, and a gated courtyard. Long-term tenants, low expenses, and extra income potential (laundry, storage, RUBs) add to its value. Contact us for the Offering Memorandum, 3D tour, and Rent Roll
| DAYS ON MARKET | 203 | LAST UPDATED | 1/3/2025 |
|---|---|---|---|
| TRACT | Las Vegas Orig Townsite 2nd Amd | YEAR BUILT | 1963 |
| COUNTY | Clark | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Jan 3, '25 | $625,000 |
|---|---|
| Jan 3, '25 - Today | $585,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Stucco |
| EXTERIOR | Private Yard |
| HEAT | Central, Electric |
| INTERIOR | Storage |
| LOT | 6970 sq ft |
| PARKING | Alley Access, Paved |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Fourplex |
| SUBDIVISION | Las Vegas Orig Townsite 2nd Amd |
| TAXES | 918 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Catherine Hyde, Simply Vegas
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