About This Home
This 0-bedroom, 0-bathroom residential multi family at 2252 Ellis Street in North Las Vegas, NV is listed for $640,000 ($213 per sqft). Built in 1963, the home offers 3,008 sqft of living space on a 0.19 acres lot.
Key Features
- Built in 1963
- 0.19 acre lot
- 6 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$3,423/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2252 Ellis Street
North Las Vegas, NV 89030
Arrowhead Acres Tr
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 2252 Ellis Street is listed at $640,000 ($213/sqft). The estimated monthly payment is $3,423 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1963, 0.19 acre lot, 6 parking spaces. Interior Features: Storage.
This property is listed by Catherine Hyde and can be reached at 7024082289.
