$639,000
Active
30 Days Online
0 Beds0 Baths7,071 SQFT
Active

130 Palm Lane Las Vegas, NV 89101

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UNIQUE HIDDEN GEM IN DOWNTOWN! 3 houses in 1! 15 BEDROOMS, 10 BATHS, 6071 SQ FT. Close to 15K SF lot! Nearly 5K SF front house and nearly 2, 200 SF back house. Has 3 electrical meters & 2 water lines. Full demolition , asbestos tested and ready for renovation. The sale comes with plans, drawings; permits can be transferred to new buyer. The possibilities are endless! It can be 3 large single family homes or 1 massive single family estate or a 6 unit Multi-family asset with each having a private yard or a Residential Assisted Living or Elderly Nursing Facility or boarding / halfway house or corp. housing or AirBnB. There is currently a tenant that is interested in renting the property when finished at $14k/ month. No matter which use, the property can generate $10k-15k per mos. Boarded up fixer upper properties in the area sell for $135 per sq ft which puts this property over $800k valuation! Potential use for a 6 unit building or 3 separate homes. **NO CAPITAL GAINS TAX, ask HOW**

  • Property TypeMulti-Family
  • NeighborhoodBiltmore Add
  • CountyClark
  • Taxes$1,652
  • HOA/Condo/Coop Fees$0
  • Days on Site29 Days
  • MLS StatusActive
  • MLS ID Number2577340
  • Home Size Source N/A
  • Year Built1942
  • Lot Size0.31 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Sewer Public Sewer
  • Number of Stories 22
  • Acreage 0.31
  • Water Public
  • Property Sub Type Multi Family
  • Property Condition Under Construction

Interior Features

  • Cooling Other
  • Heating NoneOther
  • Flooring Concrete
  • Furnished? Unfurnished
  • Interior None

Exterior Features

  • Roof Flat

Community Features

  • Association Amenities None

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Monthly Payment (Est.)

$3,380
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