2036 Canterbury Drive, Las Vegas, NV 89119

$830,000
8
BD
5
BA
4,106
SqFt

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List Price
$830,000
Status
ACTIVE
MLS#
2809539
Bedrooms
8
Bathrooms
5
Living Area
4,106
Lot Size
10,019
Annual Taxes
$2,964

Property Description

TURNKΕY, FULLΥ ΟCCUPΙΕD ΙNCΟΜE-PRODUCING OΡPΟRTUNITY IN PARADISE PALMS! This impressive approximately 4,100 SF property features 8 bedrooms, 5 bathrooms and 3 separate living areas, offering exceptional flexibility for investors or an owner-occupant looking to offset their mortgage with rental income. 100% occupied for approximately 3 years with a strong, consistent rental history, currently generating approximately $6,750/month and $81,000 annually in gross rental income. At an $830,000 purchase price, that's a 9.76% gross yield with an estimated cap rate of approximately 7.5%, based on current income and estimated operating expenses. Even better, the property is being offered FULLY FURNISHED, creating a truly turnkey investment opportunity with great existing tenants. Live in one living area while collecting income from the others, or continue operating the entire property as an income-producing investment. Enjoy a resort-style swimming pool with attached spa/jacuzzi and spacious outdoor entertainment area, all within a quiet, established neighborhood. Outstanding central Las Vegas location just minutes from the Las Vegas Strip, Harry Reid International Airport, UNLV, Allegiant Stadium, the future Athletics ballpark, shopping, dining, entertainment and major freeways. An exceptionally convenient location where tenants can easily Uber throughout the city's major employment and entertainment corridors. This is the perfect property for an ambition investor to live and rent out. NO HOA. Opportunities combining this level of income, occupancy history, location, furnishings and lifestyle amenities rarely become available. Property is currently operated as an income property; buyer to independently verify zoning, permitted uses, unit configuration, rental income, expenses and all information material to buyer.

Additional Information

Subdivision
Casa Mia Grande
Zip
89119
Price Per SqFt
$202
Elementary School 3-5
Rowe, Lewis E., Rowe, Lewis E.
Middle School
Orr William E.
High School
Del Sol Hs
Room Dimensions
PrimaryBedroom: 12x12, Bedroom2: 12x12, Bedroom3: 12x12, Bedroom4: 12x12, Bedroom5: 12x12, Bedroom6: 12x12, Bedroom7: 12x12, Bedroom8: 12x12, FamilyRoom: 20x20, GreatRoom: 20x20
Fireplace
Gas, Living Room
Number of Fireplaces
2
House Face
South
Living Area
4,106
Lot Features
Landscaped, None
Flooring
Hardwood, Tile
Lot Size
10,019
Acres
0.23
Property Condition
Resale
Interior Features
Ceiling Fan(s), Primary Downstairs, Window Treatments
Exterior Features
Built-in Barbecue, Barbecue, Patio, Private Yard
Heating
Electric, Gas, Multiple Heating Units
Cooling
Central Air, Electric, 2 Units
Fence
Block, Back Yard
Year Built
1984
Bldg Desc
1 Story, 2 Stories
Parking
Attached, Garage, Private
Garage Spaces
2
Pool
Yes
Pool Features
Gas Heat, In Ground, Private, Pool/Spa Combo
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
Sewer
Public Sewer
Primary Bedroom Downstairs
Yes
Community Features
None
Annual Taxes
$2,964

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Calculator source: Real Geeks

Courtesy of Craig Rombough with Realty ONE Group, Inc.

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