718 West Wilson Avenue

Las Vegas, NV 89106

$625,000
Price
—
Beds
2,288 Sq. Ft.
$273 / Sq. Ft.
2,288
Sq. Ft.
$273
per Sq. Ft.

Description

718 Wilson is a well-maintained Opportunity Zone fourplex, garden style, single-story units. Recently updated with newer windows, water heater, and central air conditioning units. The property has long-term tenants and a convenient location in the central Las Vegas submarket, near downtown and with easy freeway access. The property has recently been gated and enclosed, creating a courtyard environment. A two-minute drive from Jackson Avenue, which offers a vibrant mix of new restaurants, lounges,...718 Wilson is a well-maintained Opportunity Zone fourplex, garden style, single-story units. Recently updated with newer windows, water heater, and central air conditioning units. The property has long-term tenants and a convenient location in the central Las Vegas submarket, near downtown and with easy freeway access. The property has recently been gated and enclosed, creating a courtyard environment. A two-minute drive from Jackson Avenue, which offers a vibrant mix of new restaurants, lounges, and public exhibits. The property will generate an annual income of approximately $54,000 at 100% occupancy. Operating expenses for the property are low. There are opportunities to increase income by utilizing the laundry room area with machines, leasing out the storage room, and implementing (RUBs) to offset utility expenses. Property taxes are only $918 per year. Call to request Offering Memorandum with Rent Roll.
  1. Listed by Catherine Hyde • Simply Vegas • (702) 408-2289

Property Details for 718 West Wilson Avenue

Architectural Style
Fourplex
Parking Features
Paved
Parking Total
8.00
Subdivision Name
Las Vegas Orig Townsite 2nd Amd
Stories
1
Furnished
Unfurnished

Location

Listing Courtesy of Simply Vegas
Add your commute
LISTING UPDATED: 02/20/2024 07:11 PM

Property Details for 718 West Wilson Avenue

StatusActive
MLS #2561451
Days on Market91
Taxes$918 / year
HOA Fees-
Condo/Co-op Fees$1,700 semi-monthly
Compass TypeMulti Family
MLS TypeResidential / Multi Family
Year Built1963
Lot Size0.16 AC / 6,969 SF
CountyClark County

Location

Listing Courtesy of Simply Vegas
Add your commute

Building Information for 718 West Wilson Avenue

Stories1Residences4Year Built1963Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$6,887 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,411

Property Taxes

$77

HOA Dues

$3,400

The Payment Calculator is for illustrative purposes only.

Property Information for 718 West Wilson Avenue

Summary
Location and General Information
  • City: Las Vegas
  • County Or Parish: Clark County
  • 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.
  • Map Coordinate: ,
  • Latitude: 36.178493
  • Longitude: -115.15143
  • State Or Province: NV
  • Postal Code: 89106
Taxes and HOA Information
  • Parcel Number: 139-27-310-059
  • Association: No
  • Tax Annual Amount: $918.00
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: 2288.0
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Living Area: 2288.0
  • Lot Size Square Feet: 6970.0
Property and Assessments
  • Year Built: 1963
  • Property Condition: Resale, VeryGoodCondition
  • Public Survey Range: 61
  • Public Survey Section: 27
  • Public Survey Township: 20
  • Year Built Details: RESALE
  • Photos Count: 14
  • Levels: One
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: PrivateYard
  • Construction Materials: Stucco
  • Roof: Pitched
Interior Features
  • Flooring: CeramicTile
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Laundry Features: LaundryRoom
  • Cooling: CentralAir
  • Interior Features: Storage
Room Information
Room 1
  • Human Modified: Yes
Room 2
  • Human Modified: Yes
Room 3
  • Human Modified: Yes
Room 4
  • Human Modified: Yes
Multi Family
Mobile & Manufactured Home
  • Human Modified: Yes
Multi-Family Information
  • Number Of Buildings: 1
  • Number Of Units Total: 4
Income & Expenses
  • Utilities Expense: $2,700
  • Gross Income: $47,640.00
  • Insurance Expense: $1,200.00
  • Professional Management Expense: $8.00
  • Operating Expense: $12,380.00
  • Maintenance Expense: $1,700.00
Unit 1
  • Unit Type Actual Rent: $875.00
  • Unit Type Beds Total: 1
  • Unit Type Description: 4-Fourplex
  • Unit Type Type: Item1Bedroom
Unit 2
  • Unit Type Actual Rent: $995.00
  • Unit Type Beds Total: 1
  • Unit Type Description: 4-Fourplex
  • Unit Type Type: Item1Bedroom
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Beds Total: 1
  • Unit Type Description: 4-Fourplex
  • Unit Type Type: Item1Bedroom
Unit 4
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Beds Total: 1
  • Unit Type Description: 4-Fourplex
  • Unit Type Type: Item1Bedroom
Rental
Rent Information
  • Tenant Pays: Electricity
  • Lease Term: Item12Months
  • Lease Terms Description: Current Rental/Lease Agreement,Yearly Lease

Property History for 718 West Wilson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 718 West Wilson Avenue

Taxable ValueLand$43,750Additions-Total$43,750
Tax Record2023$619 ($52 / month)
Home Facts
Beds0Lot Size108,900 SqFtStyleResidentialCountyCLARKAPN176-30-101-001

Schools near 718 West Wilson Avenue

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

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.

Similar Homes

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718 West Wilson Avenue is a multi-family home for sale in Las Vegas, NV 89106. This property was listed for sale on February 20, 2024 by Simply Vegas, it's currently listed at $625,000. It has been on the market for a total of 91 days and was last sold on March 16, 2023. This listing's school district is Clark County School District. Nearby schools include Wendell P. Williams Elementary School, West Prepatory Academy At Charlles I West Hall Sec and Canyon Springs High School And The Leadership And. 718 West Wilson Avenue is a 0-bed, 0-bath, 2,288 sqft multi-family home built in 1963.

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 Simply Vegas

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.