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!
MLS# | 2655266 |
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Listing Type | For Sale |
Style | Condominium |
HOA Dues | $203 |
Sub-Type | Resale |
Status | Active |
Year | 1982 |
Days On Site | 75 |
Listing Provided By | Flat Fee Pros | Lori Davidge |
Bed(s) | 2 |
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Bath(s) | 1 Total |
SQ Feet | 844 |
Garage | 1 |
Story(s) | 2 |
Zoning | Single Family |
Acreage | 0.07 |
Property View | None |
State | NV |
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County | Clark |
City | Las Vegas |
Zip Code | 89110 |
Community Name | Diamond Head Villas Amd |
School District | Eldorado |
Elementary School | Edwards, Elbert,Edwards, Elbert |
Middle School | Robinson Dell H. |
High School | Eldorado |
Listing VS Median (in Diamond Head Villas Amd) | |
Price: $182,000 low | high Med: $182,000 SqFt: 844 low | high Med: 844 $ / SqFt: $216 low | high Med: $216 On site: 75 low | high Med: 75.000000 |