2252 Ellis Street, North Las Vegas, NV 89030
- $640,000
- 3,008
- SqFt
- List Price
- $640,000
- Status
- ACTIVE
- MLS#
- 2803224
- Living Area
- 3,008
- Lot Size
- 8,276
Property Description
2252 Ellis is an exceptional value-add investment opportunity with a current 6.0% cap rate and an estimated 8.5% pro forma cap rate, offering immediate cash flow and strong upside potential. Major capital improvements include a new roof (2020), 100-gallon water heater (2023), gas line replacement (2024), and owned coin-operated laundry (2025). Each unit features remodeled kitchens, upgraded plumbing, regularly serviced A/C units, and energy-efficient double-pane windows. Tenants have access to private exterior storage, a large shared storage building, and an on-site community laundry room. Conveniently located near Carey Ave. and Mojave Rd., within walking distance of the North Las Vegas Police Department and Fire Station, this well-maintained property is positioned for both stable returns and future appreciation.
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Additional Information
- Property Condition
- Resale, Very Good Condition
- Living Area
- 3,008
- Acres
- 0.19
- Subdivision
- Arrowhead Acres Tr
- Lot Size
- 8,276
- Bldg Desc
- Fourplex
- Year Built
- 1963
- Sewer
- Public Sewer
Mortgage Calculator
Courtesy of Catherine Hyde with Simply Vegas.
LVR MLS deems information reliable but not guaranteed.
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