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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
Style Fourplex
Year Built 1983
Annual Tax Amount $1,578
Lot Size 7,405 Sqft
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
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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Bought with Dawn L. Houlf • EXIT Realty Number One