1550 Northwind Ct

Las Vegas, NV 89110 View Map $310,000 Ask a Question
Acres0.19
Year1983
Truman Fleming

Truman Fleming

(702) 600-8184
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Status: Sold
Property Type:Multiple Dwelling
MLS #:2106730
Date Sold:7/15/2019
Lot Size:0.19 Acres
County:Clark
Fantastic investment opportunity! Lucrative four-plex at the end of a cul-de-sac with NO HOA. FHA & VA buyers can add an extra THREE streams of income from the tenants paying the mortgage for you! PLENTY of parking. Potential to lower operating costs and raise rents! If you are an investor, market rate for the single vacant unit are as high at 650-700/month!

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Community Information

Address:1550 Northwind Ct Las Vegas, NV 89110
Area (MLS Code):202 - East
County:Clark
City:Las Vegas
Subdivision:Northwind
Zip Code:89110

Architecture

Year Built:1983
Stories:2
Construction: Wood-Frame
Property Condition: Fair
Building Description: Fourplex
Unit Num: 1
Avg. Sq. Ft.: 892
Baths: 1
Half Baths: 0
Rent: $650
Unit Desc: 2 Bedroom
Unit Num: 2
Avg. Sq. Ft.: 892
Baths: 1
Half Baths: 0
Rent: $650
Unit Desc: 2 Bedroom
Unit Num: 3
Avg. Sq. Ft.: 892
Baths: 1
Half Baths: 0
Rent: $600
Unit Desc: 2 Bedroom
Roof: Composition Shingle, Pitched

Features / Amenities

Other Appliances: Fan & Hood, Garbage Disposal, Range/Oven
Flooring: Hardwood, Tile
Project Amenities: Cable Tv, No Landscaping, Outside Light(S)
Property Amenities: Balcony/Decks, Blinds, Ceiling Fan
Cooling: Central
Heating: Central
Heating Fuel: Gas

Property Features

Lot Size: 0.19 Acres / 8276 Sq. Ft.
Sewer: Public
Water: Public
Utilities Included: Sewer, Water
Directions:FROM NELLIS AND OWENS GO WEST THEN TURN SOUTH ON NORTHWIND CT.

Tax and Financial Info

Annual Taxes: $1, 603
Earnest Deposit: $1, 500
Cap Rate: 5.6000
Other Income Description: Late Fees
Yearly Operating Expense: $14, 000
Yearly Operating Income: $32, 400
Gross Rent Multiplier: 11.0000
Tenant Pays: Rent Only
Financing Considered: Cash, Conventional, FHA, VA

Schools

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Listing Information Last Updated 10/22/2019
Listing provided courtesy of Keller Williams Realty SW.
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