2252 Ellis Street, North Las Vegas, NV 89030

$640,000
3,008
SqFt

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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.

Additional Information

Subdivision
Arrowhead Acres Tr
Zip
89030
Elementary School 3-5
Living Area
3,008
Flooring
Luxury Vinyl Plank, Tile
Lot Size
8,276
Acres
0.19
Property Condition
Resale, Very Good Condition
Interior Features
Storage
Heating
Central, Electric
Cooling
Central Air
Construction
Stucco, Wood Frame
Year Built
1963
Bldg Desc
Fourplex
Parking
Paved
Parking Spaces
6
Heating
Central, Electric
Cooling
Central Air
Appliances
Oven, Range, Refrigerator
Sewer
Public Sewer
Annual Taxes
$1,167

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Calculator source: Real Geeks

Courtesy of Catherine Hyde with Simply Vegas.

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