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Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,692 sqft
Price per Sqft $185
Subdivision Sierra Sunrise
MLS Listing ID 2608257
Sold Date 11/22/24
Style Fourplex
Construction Status RESALE
HOA Y/N No
Originating Board GLVAR
Rental Info 12 Months
Year Built 1983
Annual Tax Amount $1,578
Lot Size 7,405 Sqft
Acres 0.17
Property Description
2257 Exeter Drive is a 1983-built fourplex on a 7,405 SF lot in the Sunrise Mountain area. The property features 3,692 SF of living space, with four 2-bedroom, 2-bath units, each offering a private laundry room. The two upstairs units have been updated with modern kitchens and flooring. Ample parking is available, including space for RV or vehicle storage. Current rents average $1,370 per unit, generating a solid 7% CAP rate. Recent upgrades include a new roof (August 2021), an upstairs patio overhaul, and a full rehab of Unit D, with new drywall, finishes, and HVAC, to be completed by October 2024. Over the past five years, new appliances such as refrigerators and washers have been added to several units. The location also provides stunning city and Strip views. Call to take a look at the 3D tours of each unit.
Location
State NV
County Clark
Body of Water Public
Interior
Interior Features Programmable Thermostat
Heating Central, Gas
Cooling Central Air
Flooring Ceramic Tile
Furnishings Unfurnished
Appliance Exhaust Fan, Oven, Range, Refrigerator, Range Hood
Laundry Washer Hookup, Dryer Hookup, Laundry Room
Exterior
Parking Features Assigned, Paved
Pool None
Roof Type Flat
Porch Balcony
Total Parking Spaces 6
Building
Story 2
Sewer Public Sewer
Water Public
Architectural Style Fourplex
Level or Stories Two
Structure Type Stucco,Wood Frame
Construction Status RESALE
Schools
Elementary Schools ,
Others
Tax ID 140-23-115-002
Acceptable Financing Cash, Conventional, FHA, New Loan, VA Loan
Listing Terms Cash, Conventional, FHA, New Loan, VA Loan
Financing Conventional
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Copyright 2024 of the Las Vegas REALTORS®. All rights reserved.
Bought with Dawn L. Houlf • EXIT Realty Number One
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Alex Mejia
Broker Associate | License ID: BS.143322
Broker Associate License ID: BS.143322