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Eric Bumgardner

eric.nvhomes@gmail.com +1(702) 530-2864

$529,000

Est. payment - /mo

8 Beds

4 Baths

3,168 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,168 sqft

Price per Sqft $166

Subdivision Village At Karen

MLS Listing ID 2826648

Style Two Story

Bedrooms 8

Full Baths 4

Construction Status Resale

HOA Fees $230/mo

HOA Y/N Yes

Year Built 1995

Annual Tax Amount $3,118

Lot Size 1,742 Sqft

Acres 0.04

Property Sub-Type Single Family Residence

Property Description

Fully occupied 4-plex in gated Village At Karen- immediate cash flow with real upside. Current leases total $4,257/month ($51,084/year). Units A & B are currently ~$150 below market at $928.50 each through 12/31/2026; Units C & D are at $1,250 and $1,150 through 3/31/2027. Community average rents are ~$1,075–$1,200. Bringing the below-market units to market would push annual income to roughly $55,000–$58,000. HOA covers grounds, sewer, trash, exterior, and community pool/playground — lower operating expenses. All 2 bed/1 bath units with W/D hookups, central A/C, public utilities, open parking. Strong in-place income with clear rent upside. Appointment only.

Location

State NV

County Clark

Zoning Multi-Family

Direction From Sahara Ave, turn right on Lamb Blvd, then right on Vegas Valley Dr. Turn left into the gated Village At Karen community on the right. Property is on Krissylouise Way. Call Christopheer for gate code and appointment.

Interior

Interior Features Bathroom on Main Level, Bedroom on Main Level, None

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet

Fireplaces Number 1

Fireplaces Type Gas, Living Room

Furnishings Furnished Or Unfurnished

Fireplace Yes

Appliance Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer

Laundry Electric Dryer Hookup, Laundry Room

Exterior

Exterior Feature Balcony

Parking Features Assigned, Open, One Space, Uncovered, Guest

Fence None

Pool Association

Utilities Available Electricity Available

Amenities Available Gated, Playground, Pool, Spa/Hot Tub

Water Access Desc Public

Roof Type Composition,Pitched,Shingle

Porch Balcony

Garage No

Private Pool No

Building

Lot Description Desert Landscaping, Landscaped, Trees, < 1/4 Acre

Faces South

Story 2

Sewer Public Sewer

Water Public

Construction Status Resale

Schools

Elementary Schools Dearing, Laura, Dearing, Laura

Middle Schools Mack Jerome

High Schools Chaparral

Others

HOA Name village at Karen

HOA Fee Include Association Management,Maintenance Grounds,Recreation Facilities,Taxes

Senior Community No

Tax ID 161-08-510-006

Ownership Single Family Residential

Security Features Controlled Access,Gated Community

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/las/2826648

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Listed by Christopher J. Jaramillo • Keller Williams Realty Las Veg

NEARBY SCHOOL & BUSINESS

+1(702) 530-2864

eric.nvhomes@gmail.com

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4672 Krissylouise WAY Las Vegas, NV 89121