See all 25 photos

$890,000

Est. payment - /mo

2,010 SqFt

New

610 San Lorenzo ST Pahrump, NV 89048

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tue

Jun

Wed

Jun

Thu

Jun

Yolanda McNamara

yolanda.mcnamara@gmail.com +1(702) 401-9031

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,010 sqft

Price per Sqft $442

Subdivision Calvada Valley U7

MLS Listing ID 2688413

Style Fourplex

Construction Status Excellent,Resale

HOA Y/N No

Year Built 2022

Annual Tax Amount $5,047

Lot Size 0.344 Acres

Acres 0.344

Property Sub-Type Multi Family

Property Description

Investor Opportunity: This prime 4-plex offers a solid 11.55% Cap Rate with an Annual Net Operating Income (NOI) of $69,302.66, ensuring strong cash flow right from the start. With a Gross Operating Income of $75,400 and low yearly expenses, this property delivers excellent returns. Located in a stable rental market, it's fully leased, minimizing vacancies and maximizing rental income. Perfect for investors seeking high ROI, this property provides both immediate cash flow and long-term appreciation potential. Property maintenance and operational expenses are low, boosting overall profitability. Add this gem to your portfolio to leverage favorable market conditions and benefit from the steady rental demand. Secure your financial future with a turnkey investment that outperforms typical Cap Rates in today's market. Ideal for seasoned investors or those looking to start with a high-yield asset. Don't miss out on this rare, high-performing investment! 4,000 Sq Ft Total

Location

State NV

County Nye

Direction From Highway 160, head west on Calvada Blvd. Continue straight for approximately 2 miles. Turn left onto Pahrump Valley Blvd, then right onto San Lorenzo St. The property will be on the right-hand side at 610 San Lorenzo St, Unit #4, Pahrump, NV 89048.

Interior

Interior Features Ceiling Fan(s), Window Treatments

Heating Electric, High Efficiency

Cooling High Efficiency

Flooring Carpet, Luxury Vinyl Plank

Furnishings Unfurnished

Fireplace No

Window Features Blinds

Appliance Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer

Laundry Laundry Room

Exterior

Parking Features Paved

Amenities Available Laundry

Water Access Desc Public

Roof Type Tile

Building

Story 1

Sewer Public Sewer

Water Public

Construction Status Excellent,Resale

Schools

Elementary Schools ,

Others

Tax ID 39-621-04

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/las/2688413

Listed by Federico R. Calderon-Mendoza • Grand Prix Realty