Exceptional Class B Fourplex in North Las Vegas! Built in 2003, this well-maintained 3, 869 SF property sits on a 0.15-acre lot and offers private and street parking, enhancing tenant convenience. The unit mix includes one 3-bed/2-bath, two 2-bed/2-bath, and one 2-bed/1-bath uniteach featuring in-unit washer/dryer and durable ceramic tile flooring throughout. With no HOA and long-term tenants in place, this fourplex provides both stability and operational flexibility. Recent capital improvements totaling over $27, 000 include HVAC upgrades, bathroom remodels, new appliances, roof resealing, and balcony/stucco repairs. Located in a growing submarket with strong rental demand, this asset offers a projected pro forma CAP rate of 8.44% and is an ideal opportunity for investors seeking turnkey cash flow and long-term appreciation.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Heating and Cooling
- Cooling Features: Central A/C
- Heating Features: Central Furnace
- Heating Fuel: Natural Gas
Land Info
- Lot Size Acres: 0.15
- Lot Size Square Feet: 6534
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Other Property Info
- Annual Tax Amount: 1858
- Source Listing Status: Active
- County: Clark
- Directions: From Cheyenne and I-15, E on Cheyenne, left on Civic Center, left on Sun Ave and approach 2101 Sun Avenue.
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Parcel Map File 117 Page 67
- Parcel Number: 139-11-806-002
- Subdivision: Parcel Map File 117 Page 67
- Property Subtype: Single Family Attached
- Source System Name: C2C
Building and Construction
- Year Built: 2003
- Building Exterior Type: Wood
- Property Age: 22
- Structure Type: Multi Family
- House Style: Fourplex