Over $33,000.00 per year in net income on this nicely remodeled 4-plex, close to most everything and about 10 minutes from the Central Las Vegas strip. . Very nice complex of individual 4-Plex units offers very nice return on investment capital. Live in one for free and have your payments covered, plus a nice profit, paid for by the other three tenants. Most all outside maintenance and major insurance is paid for by the association. With just 20% down ($71,800), payments should run about $1350.00 per month or $16,200.00 per year in both principal and interest. After all expenses including HOA, maintenance and insurance, the unit nets out at $33,935.00 per year. That leaves you $17,735.00 per year after payments as cash profit after everything, including monthly payment (Principal and Interest). . Beautifully Remodeled with virtually NEW everything: . All four units are in exceptional condition, 3 of which have been very recently remodeled with new appliances, new washer and dryer along with new tile, carpet paint and much more. Walking distance to major shopping, the Chinese district and tons of entertainment. You don’t need to own an automobile to live here very nicely. Great public transportation is nearly doorstep close. . Rent Roll: Unit A $740.00 . a rent concession is made for a disabled daughter Unit B $950.00 . Market rent comps for the area Unit C $950.00 . Market rent comps for the area Unit D $975.00 . Market rent comps for the area. Annual Taxes are currently just $1446.00 per year. . For Addititional Information, contact owner/seller: Alexis 702-716-3248 (Cell/Text OK) . Note: All units are currently occupied, but we can probably make arrangements to see inside. Please do a drive by first to familiarize yourself with the area, then call for appointment to show.
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