579 Roxella Lane, #D

Description

INVESTORS DREAM!! CURRENT SECTION 8 TENANT PAYS $1,500 PER MONTH. CAP RATE 2024 7%. CAP RATE 2025 8%. MONTHLY EXPENSES $340 PER MONTH. NET INCOME $1,160 PER MONTH WITH ANNUAL INCOME OF $13,920.00. CURRENT LEASE EXPIRES 4 2025 AND THEN WILL BE ON MONTH TO MONTH FOR YOU BUYERS WANTING TO OBTAIN THIS PROPERTY TO LIVE IN. TENANT WILL RENEW LEASE IF NEW BUYER WISHES THEM TO DO SO. UPGRADES INCLUDES VINYL WINDOWS, TILE & CARPET. SEPARATE SINK FOR 2ND BEDROOM. ONE CAR GARAGE ON GROUND FLOOR BELOW THE LIVING ROOM. EASY ACCESS TO SHOPPING, ENTERTAINMENT, RESTAURANTS, AND PUBLIC TRANSPORTATION. INVESTORS DO NOT MISS THIS OPPORTUNITY! PROPERTY ALSO AVAILABLE FOR BUYERS WISHING TO LIVE IN UNIT!

Listing information courtesy of: Lori Davidge, Flat Fee Pros (702) 609-6196. *Based on information from the Association of REALTORS/Multiple Listing as of 02/11/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.