Great potential cap rate and ROI. All tenants are have been reliably paying rent for over two years. All leases are MTM. The interiors were upgraded less than two years ago. All appliances are in working order. The roof was "repaired" two years ago with no issues. Two of the four AC units are less than two years old and the other two are about ten years old but still working fine. Only one of the three bathrooms has not been renovated. To owners knowledge, there is no deferred maintenance except for the one bathroom, which is still functioning fine.
Off market
$555,600
412 N 14th St, Las Vegas, NV 89101
--beds
0baths
3,084sqft
MultiFamily
Built in 1984
-- sqft lot
$555,600 Zestimate®
$180/sqft
$1,240 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 3,084 sqft
Property
Features
- Exterior features: Stucco
Lot
- Size: 6,534 sqft
Details
- Parcel number: 13935111175
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Tile
Condition
- Good
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Las Vegas
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile, Marmoleum
- Roof: Tile
- Appliances: Range/Oven, Refrigerator, Fan & Hood
- Heating: Electric, Central
- HeatingYN: true
- CoolingYN: true
- ConstructionMaterials: Stucco
- PropertyCondition: Good
- CurrentFinancing: Conventional, Cash
- NumberOfUnitsInCommunity: 2
- NumberOfBuildings: 1
- LeaseTerm: Monthly
- PublicSurveySection: 35
- Cooling: Central Air
- TenantPays: Electricity
- NetOperatingIncome: 36000
- YearBuiltDetails: Resale
- PublicSurveyTownship: 20
- NumberOfUnitsTotal: 4-Fourplex
- PublicSurveyRange: 61
- MlsStatus: Active
- TaxAnnualAmount: 1632
Services availability
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Estimated market value
$555,600