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4284 Vornsand Drive Las Vegas, NV 89115
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Key Details
Sold Price $455,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,604 sqft
Price per Sqft $126
Subdivision Puebla Estate
MLS Listing ID 2276389
Style Fourplex
Year Built 1984
Annual Tax Amount $1,126
Lot Size 8,712 Sqft
Property Description
A MUST BUY INCOME GENERATING 4 PLEX WITH SO MANY UPSIDES!!!
This property is fully occupied with gross income of $3,500+/month. The property is over 3,600 sf, and still has rental increase opportunity. Average market rent is at $1.20/sf. Recently remodeled which include: 2 AC replacement, newly built stair, replacing inefficient windows to new ones, appliances (included), fresh paint (inside and outside) and carpets, low cost to no cost landscape maintenance, two brand new water heaters, and many many more. Cap rate is over 8% and the DSC(Debt Service Coverage) ratio is at 1.86x based on current numbers and not proforma!! Grab it while it lasts!
Location
State NV
County Clark County
Interior
Heating Central, Electric
Cooling Central Air, High Efficiency
Flooring Carpet, Tile
Laundry Common Area, Laundry Room
Exterior
Parking Features Paved
Pool None
Amenities Available Landscaping
Roof Type Tile
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Stucco
Schools
Elementary Schools ,
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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Bought with Aaron Taylor • eXp Realty