718 West Wilson Avenue
Las Vegas, NV 89106
- – beds
- – baths
- 2,288 sqft
- 6,970 sqft lot
- $273 per sqft
- 1963 build
- – on site
Located in the Historic Westside and part of the Vision 2045 Downtown City of Las Vegas Master Plan, 718 Wilson is a well-maintained, garden-style fourplex in a designated Opportunity Zone. This single-story property has been updated with new windows, a water heater, and central air conditioning units. Conveniently located near downtown Las Vegas with easy freeway access, the property also features a gated courtyard for added privacy. With long-term tenants, the property generates solid annual income at full occupancy and boasts low operating expenses. Additional income potential exists through the use of the laundry room, leasing the storage area, and implementing RUBs to offset utility costs. Property taxes are only $918 per year. Contact us for the Offering Memorandum with the Rent Roll and a copy of the 2045 Downtown City of Las Vegas Master Plan.
Last checked:
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Last updated Nov 1, 2024
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MLS# 2616436 —
The Building
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Year Built:1963
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Built Description:RESALE
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Construction Description:Stucco
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Building:Fourplex
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# of Buildings:1
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# of Units:4 - Fourplex
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Units:4
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Roof:Pitched
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Floors:1
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Approx Total Living Area:2,288 Sqft
Interior
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Furniture Included:No
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Flooring:Ceramic
Financial & Terms
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Short Sale:No
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Foreclosure Commenced:No
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Repo Reo:No
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Current Loan Assumable:No
Location
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Directions:From downtown Las Vegas head north east on City Parkway towards W. Carson Ave. Turn left onto W. Bonanza Rd. Turn right onto H St. Turn right onto W. Wilson Ave.
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Township:20
The Property
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Property Type:Multiple Dwelling
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Property Condition:Very Good
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Total SqFt:2,288 Sqft
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# of Acres:0.1600
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Parcel Number:139-27-310-059
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Lot Frontage:49
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Lot SqFt:6,970 Sqft
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Lot Depth (ft):140
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Price Per Acre:3906250
Listing Agent
- Contact info:
- Agent phone:
- (702) 408-2289
- Office phone:
- (702) 568-6800
Taxes
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Annual Property Taxes:$918
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Other Encumbrance Desc:None
The Listing
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Section:27
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Listing Agreement Type:Active-Exclusive Right
Heating & Cooling
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Cooling:Central
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Heating:Central
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Heating Fuel:Electric
Utilities
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Utilities:2799
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Utilities Included:Gas, Sewer, Water
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Separate Meter:Electric
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Maintenance:1700
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Sewer:Public
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Water:Public
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Trash:1
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Internet:1
Appliances
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Appliances:None
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Range:61
The Community
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Subdivision Name:Las Vegas Orig Townsite 2nd Amd
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Management:3800
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Amenities:Enclosed Yard(S), Laundry Room, Tenant Storage
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Amenities:Complex Perimeter Wall, No Landscaping, Outside Light(S)
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Association Fee:No
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Association Fee 1:None
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Cap Rate:5.9900
Parking
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Total Parking Spaces:8.0000
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Parking:Alley Access, Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/12/24
Sep 12, 2024
|
Listed / Active | GLVAR | $625,000 | 25.0% (16.7% / YR) |
|
3/16/23
Mar 16, 2023
|
GLVAR | $500,000 | -2.0% | |
|
1/23/23
Jan 23, 2023
|
GLVAR | $509,999 |
