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Brendan King

bking@coxenandking.com +1(702) 623-3259

$ 675,000

Est. payment | -/mo

4,232 SqFt

Save Virtual Tour

$ 675,000

Est. payment | -/mo

Save Virtual Tour

4,232 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,232 sqft

Price per Sqft $159

Subdivision Del Rey Plaza

MLS Listing ID 2831289

Style Fourplex

Construction Status Good Condition,Resale

HOA Y/N No

Year Built 1986

Annual Tax Amount $4,534

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Multi Family

Property Description

GREAT LOCATION! HIGH CAP RATE! OUTSTANDING INVESTMENT OPPORTUNITY! Fantastic fourplex offering the perfect opportunity to LIVE IN ONE UNIT AND RENT THE OTHER THREE! Whether you're a seasoned investor looking for strong cash flow or an owner-occupant wanting rental income to help offset your mortgage, this property offers tremendous potential. Featuring 4 spacious units totaling approximately 4,232 square feet, with a combination of 2- and 3-bedroom floor plans. Three units currently rented, with the fourth owner-occupied. Roof replaced in 2024! Attractive capitalization rate and excellent income potential make this a compelling investment opportunity. Conveniently located near shopping, dining, schools, and major thoroughfares. Build long-term wealth through rental income, equity growth, and potential appreciation. Don't miss this outstanding income-producing property!

Location

State NV

County Clark

Direction From W Sahara Ave, head south on S Rainbow Blvd. Turn into the Del Rey Plaza neighborhood and follow local streets to Kari Lee Ct. Property is located in the cul-de-sac.

Interior

Interior Features Window Treatments

Heating Central, Gas

Cooling High Efficiency

Flooring Carpet, Tile

Furnishings Unfurnished

Fireplace No

Window Features Blinds

Appliance Dryer, Washer

Exterior

Exterior Feature Private Yard

Amenities Available Landscaping

Water Access Desc Public

Roof Type Tile

Porch Balcony

Building

Story 2

Sewer Public Sewer

Water Public

Construction Status Good Condition,Resale

Schools

Elementary Schools ,

Others

Tax ID 163-02-112-001

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/las/2831289

Listed by Craig Rombough • Realty ONE Group, Inc

NEARBY SCHOOL & BUSINESS

+1(702) 623-3259

bking@coxenandking.com

8488 Rozita Lee Ave, Bldg 3, Suite 100, C/O Kiln, Vegas, NV 89117, United States

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1336 Kari Lee CT Las Vegas, NV 89146