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704 W Adams Avenue Las Vegas, NV 89106
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Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,205 sqft
Price per Sqft $497
Subdivision H F M & M Add
MLS Listing ID 2343018
Sold Date 11/15/21
Style Triplex
Construction Status RESALE
HOA Y/N No
Originating Board GLVAR
Rental Info Month To Month
Year Built 1949
Annual Tax Amount $384
Lot Size 6,969 Sqft
Acres 0.16
Property Description
OUTSTANDING MULTI-FAMILY INVESTMENT OPPORTUNITY INCLUDES 2 TRIPLEXES + A 4 BEDROOM
HOUSE FOR A TOTAL OF 7 UNITS CURRENTLY LEASED 100% OCCUPANCY. Over 6% Cap Rate + Rent hasn't
been raised in 7 years. Two Parcels, 1001 G St (139-27-210-143) and 704 W Adams Ave (139-27-210-
142); G St has 3 One Bedroom, One Bath units in Triplex- 1,586 sq ft and 1 Four Bedroom House- 1,287 sq
ft. Adams Ave has 3 One Bedroom, One Bath units in Triplex- 1,205 sq ft. House rented at $900. Total
monthly rental income is $3,300. Minimal owner expense. Value add opportunity to build more on 14,375
Total sq ft Lot. Zoned R-3. Circa and Downtown Las Vegas Resorts viewable from property. 2.5 Miles from
Fremont Street Experience
Location
State NV
County Clark County
Body of Water Public
Interior
Interior Features None
Heating Gas, Other
Cooling Evaporative Cooling, Window Unit(s)
Flooring Carpet, Tile
Appliance Oven, Range, Refrigerator
Exterior
Pool None
Roof Type Composition,Shingle
Building
Story 1
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Stucco,Wood Frame
Construction Status RESALE
Others
Tax ID 139-27-210-142
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Private
Read Less
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Bought with Jason Elleman • Galindo Group Real Estate
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