2257 Exeter Drive

Las Vegas,NV 89156

$ 699999

- Bed

- Bath

3692 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,692 sqft

Price per Sqft $189

Subdivision Sierra Sunrise

MLS Listing ID 2608257

Style Fourplex

Year Built 1983

Annual Tax Amount $1,578

Lot Size 7,405 Sqft

Property Description

2257 Exeter Drive is a fourplex built in 1983, located on a 7,405 SF lot in the Sunrise Mountain area. The property boasts 3,692 SF of living space, consisting of four 2-bedroom, 2-bathroom units, each with a private laundry room. The two upstairs units have been upgraded with modern kitchens and flooring. The property also offers ample parking, including a lot suitable for RV parking or vehicle storage. Current rents range from $1,300 to $1,350, providing immediate income potential with a solid 7% CAP rate.
Recent improvements include a new roof installed in August 2021 and a patio overhaul at Unit D completed in January 2023. Additionally, various new appliances have been purchased over the last five years, including refrigerators and washers for different units, ensuring turnkey convenience. Unit D is currently undergoing a rehab with new drywall and finishes, expected to be completed by September, and will ask $1,400/mo. This location offers breathtaking city and strip views.

Location

State NV

County Clark

Interior

Heating Central,Gas

Cooling Central Air

Flooring Ceramic Tile

Laundry Washer Hookup,Dryer Hookup,Laundry Room

Exterior

Garage Assigned,Paved

Pool None

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public

Structure Type Stucco,Wood Frame

Schools

Elementary Schools ,

Others

Acceptable Financing Cash,Conventional,FHA,New Loan,VA Loan

Listing Terms Cash,Conventional,FHA,New Loan,VA Loan

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