130 Palm Lane

Las Vegas, NV 89101

$639,000
Price
—
Beds
7,071 Sq. Ft.
$90 / Sq. Ft.
7,071
Sq. Ft.
$90
per Sq. Ft.

Description

Unique hidden gem in downtown! 3 houses in 1! 15 bedrooms, 10 baths, 6071 sq ft. Close to 15K SF lot! Nearly 5K SF front house and nearly 2,200 SF back house. Has 3 electrical meters & 2 water lines. Full demolition , asbestos tested and ready for renovation. The sale comes with plans, drawings; permits can be transferred to new buyer. The possibilities are endless! It can be 3 large single family homes or 1 massive single family estate or a 6 unit Multi-family asset with each having a private yard...Unique hidden gem in downtown! 3 houses in 1! 15 bedrooms, 10 baths, 6071 sq ft. Close to 15K SF lot! Nearly 5K SF front house and nearly 2,200 SF back house. Has 3 electrical meters & 2 water lines. Full demolition , asbestos tested and ready for renovation. The sale comes with plans, drawings; permits can be transferred to new buyer. The possibilities are endless! It can be 3 large single family homes or 1 massive single family estate or a 6 unit Multi-family asset with each having a private yard or a Residential Assisted Living or Elderly Nursing Facility or boarding / halfway house or corp. housing or AirBnB. There is currently a tenant that is interested in renting the property when finished at $14k/ month. No matter which use, the property can generate $10k-15k per mos. Boarded up fixer upper properties in the area sell for $135 per sq ft which puts this property over $800k valuation! Potential use for a 6 unit building or 3 separate homes. NO CAPITAL GAINS TAX, ask HOW
  1. Listed by George Ryan Vega • eXp Realty • (702) 324-3595

Property Details for 130 Palm Lane

Subdivision Name
Biltmore Add
Stories
2
Furnished
Unfurnished

Location

Listing Courtesy of eXp Realty
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LISTING UPDATED: 04/29/2024 04:56 PM

Property Details for 130 Palm Lane

StatusActive
MLS #2577340
Days on Market12
Taxes$1,652 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Multi Family
Year Built1942
Lot Size0.31 AC / 13,503 SF
CountyClark County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 130 Palm Lane

Stories2Residences3Year Built1942Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$3,625 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,487

Property Taxes

$138

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 130 Palm Lane

Summary
Location and General Information
  • City: Las Vegas
  • County Or Parish: Clark County
  • Directions: FROM N LAS VEGAS BLVD, W-BONANZA, R-1ST ST, R-PALM LN
  • Map Coordinate: ,
  • Latitude: 36.178409
  • Longitude: -115.13903
  • State Or Province: NV
  • Postal Code: 89101
Taxes and HOA Information
  • Parcel Number: 139-27-712-066
  • Tax Annual Amount: $1,652.00
School Information
  • Elementary School: ,
Virtual Tour
Distance to
  • Distance To Sewer Comments: Public
  • Distance To Water Comments: Public
Property
Lot Information
  • Additional Parcels Description: ---
  • Building Area Total: 7071.0
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Units: Acres
  • Living Area: 7071.0
  • Lot Size Square Feet: 13504.0
Property and Assessments
  • Year Built: 1942
  • Property Condition: AverageCondition, UnderConstruction
  • Public Survey Range: 61
  • Public Survey Section: 27
  • Public Survey Township: 20
  • Year Built Details: UNDER CONSTRUCTION
  • Photos Count: 34
  • Levels: Two
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Construction Materials: WoodSiding
  • Roof: Flat
Interior Features
  • Flooring: Concrete
  • Heating: None, Other
  • Heating: No
  • Cooling: Other
  • Interior Features: None
Room Information
Room 1
  • Human Modified: Yes
Room 2
  • Human Modified: Yes
Room 3
  • Human Modified: Yes
Multi Family
Mobile & Manufactured Home
  • Human Modified: Yes
Multi-Family Information
  • Number Of Buildings: 3
  • Number Of Units Total: 3
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 3
  • Unit Type Description: 2-Duplex
  • Unit Type Type: Item3Bedroom
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 3
  • Unit Type Description: 2-Duplex
  • Unit Type Type: Item3Bedroom
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 1
  • Unit Type Description: 2-Duplex
  • Unit Type Type: Item1Bedroom

Property History for 130 Palm Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 130 Palm Lane

Taxable ValueLand$22,750Additions$48,371Total$71,121
Tax Record2023$1,652 ($138 / month)
Home Facts
Beds6Baths2.5Total Finished SqFt4,071 SqFtAbove Grade Finished SqFt4,071 SqFtStories1Lot Size13,504 SqFtStyleSingle Family ResidenceYear Built1942Year Renovated1955CountyCLARKAPN139-27-712-066Fireplace TypeHas Fireplace

Schools near 130 Palm Lane

This home is within Clark County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
C P Squires Elementary School
PublicPK to 5

J D Smith Middle School
Public6 to 8

Rancho High School
Public9 to 12

Mission High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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130 Palm Lane is a multi-family home for sale in Las Vegas, NV 89101. This property was listed for sale on April 23, 2024 by eXp Realty, it's currently listed at $639,000. It has been on the market for a total of 12 days and was last sold on February 5, 2020. This listing's school district is Clark County School District. Nearby schools include C P Squires Elementary School, J D Smith Middle School and Rancho High School. 130 Palm Lane is a 0-bed, 0-bath, 7,071 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Greater Las Vegas Association of Realtors MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed. Information provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 of the Greater Las Vegas Association of Realtors MLS.