SoldJun 9, 2022

Listed by Warren Chaney from Compass Realty & Management

Source: Greater Las Vegas Association of REALTORS®, Inc. #2397982

504 Albert Ave, Paradise, NV, 89119

$690,000

2924 sq. ft.
8276 sq. ft.

MultiFam

8 days on the market

Sold: Jun 9, 2022

What's around 504 Albert Ave

About this property

Location, Location, Location! 1.5 miles from Las Vegas Strip and Convention Center. Directly adjacent to Howard Hughes Center. Great corporate housing or vacation rental opportunity! Current rents: 2 Units @ $900/month. 1 year leases. 1 Unit @$1,150 month to month. w/ long term tenants. One unit freshly remodeled and vacation/corporate rental ready, or can be rented to long term tenant for at least $1,200. Also great for owner occupant. Lots of options! Expenses: Property management 7-10% of gross. Gas - $80/month. Trash - $168.18/quarter. Water - $82/month. Power - $40. No HOA! No expenses spared- Landscape is freshly installed weed barrier and rock. No maintenance! Parking lot completely redone May 2022. Brand new picnic area installed. 3 new HVAC systems within last three years w/ the 4th being installed less than 5 years ago; systems professionally maintained twice a year - recently thoroughly cleaned and inspected. No expected large CAPEX on the horizon. Room to build on lot.

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