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!
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms Possible: 2
- Primary Bedroom Dimensions: 12 x 14
- Bedroom 2 Dimensions: 11 x 10
- Primary Bedroom Features: Closet, Walk-In Closet(s)
- Bedroom 2 Features: Closet, Walk-In Closet(s)
Other Rooms
- Total Rooms: 6
- Living Room Dimensions: 11 x 14
- Living Room Features: Entry Foyer, Front
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Primary Bathroom Features: Tub/Shower Combo
Interior Features
- WindowTreatments
- Flooring: Carpet, Tile
Appliances
- Dryer
- Dishwasher
- ElectricRange
- Disposal
- Microwave
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, Electric
Kitchen and Dining
- Dining Room Dimensions: 8 x 8
- Dining Room Features: Dining Area
- Kitchen Features: Pantry, Solid Surface Countertops, Walk-in Pantry
Garage and Parking
- Attached Garage: Yes
- Garage Spaces: 1
- Parking Features: Attached, Garage, Guest, Private
Land Info
- Lot Size Acres: 0.0719467
- Lot Size Square Feet: 3134
Homeowners Association
- Association: Yes
- Association Fee: 203
- Association Fee Frequency: Monthly
- Association Fee Includes: AssociationManagement, MaintenanceGrounds, Trash, Water
- Calculated Total Monthly Association Fees: 203
Rental Info
Other Property Info
- Annual Tax Amount: 359
- Source Listing Status: Active
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Diamond Head Villas Amd
- Parcel Number: 140-32-110-012
- Postal City: Las Vegas
- Postal Code Plus 4: 3329
- Public Survey Range: 62
- Public Survey Section: 32
- Public Survey Township: 20
- Subdivision: Diamond Head Villas Amd
- Zoning Description: Single Family
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 844
- Year Built: 1982
- Building Area Total: 844
- Property Age: 43
- Levels or Stories: 2
- Architectural Style: TwoStory