Fully leased 4-plex in the gated Village at Karen community, with $4,257/month ($51,084/year) in current rents. Units A and B rent at $928.50 each, below the community's typical $1,075–$1,200 range, on leases through 12/31/2026. Units C and D are leased at $1,250 and $1,150 through 3/31/2027. Since the 2025 purchase, the seller added four security doors (one per unit, approx. $15K), fully replaced one A/C system, significantly repaired two others, and replaced approx. six appliances and repaired six more, meaning less near-term capex for the next owner. Each unit is 2 bed/1 bath with central A/C, washer/dryer hookups and public utilities. The $950/month HOA covers grounds, exterior, sewer, trash, and the community pool and playground. Open parking. All units are occupied, so showings are by appointment only.
Courtesy of Christopher J. Jaramillo with Keller Williams Realty Las Veg.
