$640,000
 $3,436 est/mo Sourced by Back At You

5238 Garden Lane , Las Vegas, NV 89119

Las Vegas, NV 89119

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Description

This centrally located four-plex offers an excellent investment opportunity in the heart of Las Vegas, just minutes from UNLV, the Strip, shopping, dining, and schools. The property features four fully rented units in good condition with long-term tenants: Unit A: 2-bed, 1-bath, rent $1,100. Unit B: 1-bed, 1-bath, rent $945. Unit C: 3-bed, 1-bath, rent $1,245. Unit D: 2-bed, 1-bath, rent $1,095 After March 2025, leases will convert to Month-to-Month, offering the potential for rent increases. The complex also includes a community pool, and the HOA covers water and trash. This property offers stable income with strong tenant history and is a great opportunity for long-term growth in a prime Las Vegas location. After March 2025, all leases will convert to Month-to-Month agreements, providing flexibility for potential rent increases and future leasing opportunities.

Details

MLS#2644176
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1977
Days On Site34
Listing Provided ByFirst Mutual Realty Group | Edgar Escobedo

Features

SQ Feet3,648
Story(s)2
Units4
Building(s)1
Acreage0.11

Market Activity 89119

The data relating to real estate for sale on this web site comes from the Las Vegas REALTORS® MLS. Information deemed reliable but not guaranteed. COPYRIGHT 2022 OF LAS VEGAS REALTORS® MLS. ALL RIGHTS RESERVED.

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Listings Checked: 2 minutes ago
StateNV
CountyClark
CityLas Vegas
Zip Code89119
Community NameCentury Gardens Sub 2nd
School District,
Elementary School,
Listing VS Median (in Century Gardens Sub 2nd)
Price:
$640,000
low | high
Med:
$640,000
50% of Average
SqFt:
3,648
low | high
Med:
3,648
50% of Average
$ / SqFt:
$175
low | high
Med:
$175
50% of Average
On Site:
34
low | high
Med:
33.000000
100% of Average
Sourced by Back At You
Listing Updated: January 7, 2025 at 1:27:30 PM PST