1956 Cosmic Drive Active Save Request In-Person Tour Request Virtual Tour
Las Vegas,NV 89115
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,212 sqft
Price per Sqft $194
Subdivision Lake Mead Villas
MLS Listing ID 2665853
Style Fourplex
Year Built 1987
Annual Tax Amount $2,133
Lot Size 7,405 Sqft
Property Sub-Type Multi Family
Property Description
Invest in a well-maintained, professionally managed fourplex in Lake Mead Villas, a secure, planned community with mature landscaping, playground and pool. Built in 1987 with a Cape Cod design, it's ideally located in Northeast Las Vegas near major employers such as Amazon distribution centers, the VA Hospital, Nellis AFB, schools, and public transit—ensuring strong rental demand.
This 3,212 SqFt property features four spacious 2-bed, 1-bath units, each with a large living room, fireplace, dining area off the kitchen, and private laundry room with a refrigerator, washer, dryer, and dishwasher included. Updated, the property offers LVP floors, fresh paint, newer appliances, shower enclosures, blinds, and new fireplace enclosures. With long-term tenants, this property generates steady income at a 6.77% CAP rate, with potential to exceed 7% at the next lease renewal. HOA fees cover trash, sewer, exterior upkeep (roof/stairs), landscaping, common utilities, and pool access.
Location
State NV
County Clark
Interior
Heating Central,Electric
Cooling Central Air
Flooring Carpet,Ceramic Tile,Tile
Laundry Laundry Room
Exterior
Parking Features Alley Access,Paved
Pool None
Amenities Available Playground,Pool
Roof Type Composition,Pitched,Shingle
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Wood Frame
Schools
Elementary Schools ,
Others
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Virtual Tour https://my.matterport.com/show/?m=kC1wQzFwiVa