1215 Rawhide ST, Las Vegas, NV 89119
1215 Rawhide ST, Las Vegas, NV 89119
1215 Rawhide ST, Las Vegas, NV 89119
1215 Rawhide ST, Las Vegas, NV 89119
1215 Rawhide ST, Las Vegas, NV 89119
1215 Rawhide ST, Las Vegas, NV 89119
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John Gullickson

John Gullickson

+1(702) 526-2332
$ 895,000
Est. payment | /mo

4,000 SqFt

Save Virtual Tour
$ 895,000
Est. payment | /mo
Save Virtual Tour

4,000 SqFt

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $223

Subdivision Airport

MLS Listing ID 2818429

Style Fourplex

Construction Status Resale,Very Good Condition

HOA Y/N No

Year Built 1984

Annual Tax Amount $2,870

Lot Size 9,583 Sqft

Acres 0.22

Property Sub-Type Multi Family

Property Description

Excellent Investment Opportunity! Fully furnished, turnkey 4-plex with no HOA! Built in 1984 & fully renovated in 2017, with numerous interior & exterior improvements over time. Newer, double-pane windows. Pitched tile roof. Fully fenced, secure yard with durable block walls. No deferred maintenance! *** Each 1,000-sqft apartment features a spacious 2-bedroom, 2-bathroom layout. All units were extensively renovated with updated flooring, remodeled bathrooms & modern kitchens with updated cabinets, countertops & appliances. Each unit includes its own dedicated laundry closet with a washer/dryer, plus individual storage space outside the unit. *** High 6.45% CAP rate with low property taxes & operating expenses! Well-maintained 4-plex with strong rental income & a proven occupancy history. All 4 units are fully furnished, offering flexibility for long-term, mid-term, or short-term rental strategies. One unit is available for owner occupancy or lease-up. The remaining 3 units are occupied by reliable long-term tenants with staggered lease expirations, providing immediate cash flows. *** Great location! Right by Russell Rd. and Maryland Pkwy, the property sits on a desirable corner lot directly adjacent to Siegfried & Roy Park, with select units offering views of the Las Vegas Strip. Prime location with fast access to the Strip, airport, major freeways, UNLV, shopping, dining, and schools. *** Positioned in a high-demand rental area with convenient access to major employment, retail, and transportation corridors, the property provides excellent opportunity for traditional investors, STR operators, or owner-occupants seeking a turnkey income-producing asset with stable income, updated units and long-term growth potential. *** A detailed list of property improvements is available upon request. Buyer & buyer's agent to verify all information, square footage, zoning, short-term rental licensing/compliance, rental income, and financials. DO NOT DISTURB TENANTS.

Location

State NV

County Clark

Direction From Tropicana and Maryland, head S on Maryland. Turn L on Rawhide (last street before Russell Rd). Or head E on Russell from Airport, turn L on Maryland and immediate R.

Interior

Interior Features Storage, Window Treatments

Heating Central, Electric

Cooling Central Air

Flooring Carpet, Luxury Vinyl Plank, Wood

Furnishings Furnished

Fireplace No

Window Features Blinds

Appliance Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer

Laundry Laundry Room

Exterior

Exterior Feature Private Yard

Parking Features Assigned

Amenities Available Laundry

Water Access Desc Public

Roof Type Flat,Pitched,Tile

Porch Balcony

Total Parking Spaces 6

Building

Story 2

Sewer Public Sewer

Water Public

Construction Status Resale,Very Good Condition

Schools

Elementary Schools ,

Others

Tax ID 162-26-401-001

Acceptable Financing Conventional, FHA

Listing Terms Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/las/2818429

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Listed by Chao Cong • Executive Realty Services

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John Gullickson
John Gullickson

Agent S.S.0170942

+1(702) 526-2332

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1215 Rawhide ST

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