1956 Cosmic Drive Active

Las Vegas,NV 89115

$ 625000

- Bed

- Bath

3212 SqFt


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

Construction Status RESALE

HOA Y/N Yes

Originating Board GLVAR

Year Built 1987

Annual Tax Amount $2,133

Lot Size 7,405 Sqft

Acres 0.17

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

Body of Water Public

Interior

Interior Features Window Treatments

Heating Central,Electric

Cooling Central Air

Flooring Carpet,Ceramic Tile,Tile

Furnishings Unfurnished

Window Features Blinds

Appliance Dryer,Dishwasher,Disposal,Oven,Range,Refrigerator,Washer

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

Architectural Style Fourplex

Level or Stories Two

Structure Type Wood Frame

Construction Status RESALE

Schools

Elementary Schools ,

Others

HOA Fee Include Maintenance Grounds,Recreation Facilities

Tax ID 140-19-711-023

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

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