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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**
| DAYS ON MARKET | 13 | LAST UPDATED | 4/26/2024 |
|---|---|---|---|
| TRACT | Biltmore Add | YEAR BUILT | 1942 |
| COUNTY | Clark | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| PRICE HISTORY | |
| Prior to Apr 26, '24 | $739,000 |
|---|---|
| Apr 26, '24 - Today | $639,000 |
| ADDITIONAL DETAILS | |
| AIR | Other |
|---|---|
| AIR CONDITIONING | Yes |
| BUYER'S BROKERAGE COMPENSATION | 1.5000 |
| CONSTRUCTION | Wood Siding |
| HEAT | None, Other |
| LOT | 0.31 acre(s) |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Biltmore Add |
| TAXES | 1652 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with George Ryan Vega, eXp Realty
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