512 North 1st Street

Las Vegas, NV 89101

$619,000
Price
—
Beds
1,575 Sq. Ft.
$393 / Sq. Ft.
1,575
Sq. Ft.
$393
per Sq. Ft.

Description

1,975 sf. Rare find! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. No hoa.. Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%.. Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front...1,975 sf. Rare find! Total Rent $41,400. Expenses $4k. Net Cap Return 6%. $313 Per Foot. 5 Bedrooms & 3 Bathrooms total. Duplex zoned C2 commercial. The PERFECT duplex and office location or anything else that can be operated under C2 zoning. This combination is extremely rare. No hoa.. Unbelievable LOCATION in DOWNTOWN LAS VEGAS. With a WALK SCORE OF 90%.. Light & Bright apartments. Unit 1 is 2 BR+1 Bath and Unit 2 is 3BR+2 Bath. All engineered modern plank flooring. All units have back & front patios, professionally designed, shared laundry room, Brand New Flooring.. Brand New Kitchens... Brand New Bathrooms... Brand New AC. Near Las Vegas Blvd, Circa hotel, restaurants, shopping and more. Cameras, hardwired keypads, full iron fence. Rare oversized 8,300 SF lot with plenty of room to expand. C2 zoning will allow you to build storage spaces or more rooms & offices in yard. Designed for minimal expenses and maximum income, rents will only go up with this building. This is mailbox money.
  1. Listed by Bradley K. Petersen • Nevada LWF Inc. • 855-456-4945

Property Details for 512 North 1st Street

Architectural Style
Duplex
Subdivision Name
Biltmore Add
Furnished
Unfurnished
LISTING UPDATED: 12/10/2024 04:18 PM

Property Details for 512 North 1st Street

StatusActive
MLS #2630947
Days on Market37
Taxes$2,403 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1945
Lot Size0.19 AC / 8,276 SF
CountyClark County

Building Information for 512 North 1st Street

Stories-Residences2Year Built1945Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 512 North 1st Street

Summary
Location and General Information
  • City: Las Vegas
  • County Or Parish: Clark
  • Directions: Head southeast on Exit 75B toward N Casino Center Blvd, Turn right onto Stewart Ave, Turn right onto N Main St, Turn right onto E Bonanza Rd, Turn right onto N 1st St
  • Map Coordinate: ,
  • Latitude: 36.17603
  • Longitude: -115.142064
  • State Or Province: NV
  • Postal Code: 89101
Taxes and HOA Information
  • Parcel Number: 139-27-810-031
  • Tax Annual Amount: $2,403.00
School Information
  • Elementary School: ,
Virtual Tour
Distance to
  • Distance To Sewer Comments: Public
  • Distance To Water Comments: Public
Property
Lot Information
  • Additional Parcels Description: ---
  • Building Area Total: 1575.0
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Units: Acres
  • Living Area: 1575.0
  • Lot Size Square Feet: 8276.0
Property and Assessments
  • Documents Count: 4
  • Year Built: 1945
  • Property Condition: Excellent, Resale
  • Public Survey Range: 61
  • Public Survey Section: 27
  • Public Survey Township: 20
  • Year Built Details: RESALE
  • Photos Count: 15
  • Levels: One
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Construction Materials: Stucco, WoodFrame
  • Structure Type: Duplex
  • Roof: Composition, Shingle
Interior Features
  • Flooring: Wood
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Cooling: CentralAir
  • Interior Features: CeilingFans
Room Information
Room 1
  • Human Modified: Yes
Room 2
  • Human Modified: No
Multi Family
Mobile & Manufactured Home
  • Human Modified: Yes
Multi-Family Information
  • Number Of Buildings: 1
  • Number Of Units Total: 2
Unit 1
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Description: 2-Duplex
  • Unit Type Type: TwoBedroom
  • Unit Type Number Half Baths: 0
  • Unit Type Number Full Baths: 1
Unit 2
  • Unit Type Actual Rent: $1,800.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Description: 2-Duplex
  • Unit Type Type: ThreeBedroom
  • Unit Type Number Half Baths: 0
  • Unit Type Number Full Baths: 1

Property History for 512 North 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 North 1st Street

Taxable ValueLand$22,750Additions$17,354Total$40,104
Tax Record2023$2,403 ($200 / month)
Home Facts
Beds7Baths2.5Total Finished SqFt1,575 SqFtAbove Grade Finished SqFt1,575 SqFtStories1Lot Size8,276 SqFtStyleSingle Family ResidenceYear Built1945Year Renovated1951CountyCLARKAPN139-27-810-031

Schools near 512 North 1st Street

This home is within Clark County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
C P Squires Elementary School
PublicPK to 5

J D Smith Middle School
Public6 to 8

Rancho High School
Public9 to 12

Mission High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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512 North 1st Street is a multi-family home for sale in Las Vegas, NV 89101. This property was listed for sale on November 6, 2024 by Nevada LWF Inc., it's currently listed at $619,000. It has been on the market for a total of 37 days and was last sold on April 3, 2024. This listing's school district is Clark County School District. Nearby schools include C P Squires Elementary School, J D Smith Middle School and Rancho High School. 512 North 1st Street is a 0-bed, 0-bath, 1,575 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Nevada LWF Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Greater Las Vegas Association of Realtors MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR deems information reliable but not guaranteed. Information provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 of the Greater Las Vegas Association of Realtors MLS.