INVESTORS DREAM!! CURRENT SECTION 8 TENANT PAYS $1,500 PER MONTH. CAP RATE 2024 7%. CAP RATE 2025 8%. MONTHLY EXPENSES $340 PER MONTH. NET INCOME $1,160 PER MONTH WITH ANNUAL INCOME OF $13,920.00. CURRENT LEASE EXPIRES 4 2025 AND THEN WILL BE ON MONTH TO MONTH FOR YOU BUYERS WANTING TO OBTAIN THIS PROPERTY TO LIVE IN. TENANT WILL RENEW LEASE IF NEW BUYER WISHES THEM TO DO SO. UPGRADES INCLUDES VINYL WINDOWS, TILE & CARPET. SEPARATE SINK FOR 2ND BEDROOM. ONE CAR GARAGE ON GROUND FLOOR BELOW THE LIVING ROOM. EASY ACCESS TO SHOPPING, ENTERTAINMENT, RESTAURANTS, AND PUBLIC TRANSPORTATION. INVESTORS DO NOT MISS THIS OPPORTUNITY! PROPERTY ALSO AVAILABLE FOR BUYERS WISHING TO LIVE IN UNIT!
844 Sq Ft
3,134 Sq Ft Exterior Space
Condo
$203 Monthly Maintenance/CC
$359 Annual Tax
Built in 1982
MLS/Listing ID 2655266
2 Stories
Cooling - Electric
Sprinkler Irrigation
Carpet
Electric Dryer Hookup
Laundry Closet
Construction - Stucco
Construction - Frame
Style - Two Story
Washer
Refrigerator
Window Treatments
Double Pane Windows
Blinds
Tile
Unfurnished
Windows
Flat
Parking - Private
Parking - Guest
Parking - Garage
Parking - Attached
Lot - Rocks
Lot - Landscaped
Lot - Desert Landscaping
Lot - Drip Irrigation Bubblers
Laundry Room
Heating - Electric
Microwave
Disposal
Electric Range
Dishwasher
Dryer
Listing Courtesy of FLAT FEE PROS, LORI DAVIDGE - 702-609-6196
Source of Data: LAS VEGAS REALTORS