GREAT INVESTMENT OPPORTUNITY LOCATED A SHORT DISTANCE FROM FREMONT STREET AND DIRECTLY ACROSS THE STREET FROM A METRO SUBSTATION. THIS MULTI-UNIT PROPERTY FEATURES 4 UNITS, EACH OFFERING 2 BEDROOMS & 1 BATH. AMPLE PARKING AVAILABLE.
TWO UNITS ARE CURRENTLY OCCUPIED AT $900 PER MONTH, WITH TWO UNITS VACANT—PROVIDING IMMEDIATE UPSIDE POTENTIAL. CURRENT MONTHLY RENT COLLECTED IS $1,800. MARKET RENT POTENTIAL IS $900 PER UNIT, FOR A TOTAL OF $3,600 PER MONTH WHEN FULLY OCCUPIED. ANNUAL GROSS POTENTIAL RENT IS $43,200.
Property Features
Heating Information
Electric
Wall Furnace
Cooling Information
Evaporative Cooling
Water Features
Public
Listing Courtesy: Keller Williams MarketPlace - 702-939-0000