210 S 10th Street, Las Vegas, NV 89101
- $595,995
- 8
- BD
- 6
- BA
- 3,844
- SqFt
- List Price
- $595,995
- Status
- ACTIVE
- MLS#
- 2833642
- Bedrooms
- 8
- Bathrooms
- 6
- Living Area
- 3,844
- Lot Size
- 6,970
Property Description
RARE SIX-UNIT INVESTMENT OPPORTUNITY IN DOWNTOWN LAS VEGAS! Calling all investors, contractors, and savvy real estate entrepreneurs! This six-unit multifamily property presents an exceptional value-add opportunity for an investor looking to renovate, reposition, and maximize rental income. The property consists of a front duplex featuring two 2-bedroom units and a rear fourplex featuring four 1-bedroom units (two downstairs and two upstairs), offering a total of six rental units. Currently occupied by six tenants, the property generates a combined monthly rental income of only $3,650, with all tenants on month-to-month agreements. Current rents are substantially below market, presenting an opportunity for a new owner to renovate the property, reposition the units, and potentially achieve significantly higher rental income. PLEASE NOTE: This property requires a complete renovation and is being offered as a major fixer-upper. Investors should be prepared for an extensive rehabilitation project. The upside is the opportunity to create substantial value through improvements, increased rental income, and long-term equity appreciation. PLEASE CALL GLENN, THE LISTING AGENT, DIRECTLY ON HIS CELL PHONE to discuss the property, its current condition, and the investment opportunity in greater detail. Once under contract, arrangements can be made to tour the property. Buyers are welcome to drive by and view the exterior, but PLEASE DO NOT DISTURB THE TENANTS.
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Additional Information
- Subdivision
- Pioneer Heights Add
- Zip
- 89101
- Elementary School 3-5
- Hollingswoth, Howard, Hollingswoth, Howard
- Middle School
- Martin Roy
- High School
- Rancho
- Bedroom Downstairs Yn
- Yes
- House Face
- North
- Living Area
- 3,844
- Lot Features
- < 1/4 Acre
- Flooring
- Carpet
- Lot Size
- 6,970
- Acres
- 0.16
- Property Condition
- Resale
- Interior Features
- Bathroom on Main Level, Bedroom on Main Level, Primary Downstairs, None
- Exterior Features
- Balcony
- Heating
- Electric, Wall Furnace
- Cooling
- Electric, Window Unit(s)
- Fence
- Partial, Wood
- Year Built
- 1961
- Bldg Desc
- 2 Stories
- Parking
- Open
- Appliances
- Built-In Electric Oven, Other, Refrigerator
- Utilities
- Electricity Available
- Sewer
- Public Sewer
- Primary Bedroom Downstairs
- Yes
- Community Features
- None
- Annual Taxes
- $2,451
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Courtesy of Glenn S. Plantone with Vegas International Properties.
LVR MLS deems information reliable but not guaranteed.
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