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
Listing Provided Courtesy of Grand Prix Realty
Property Details
Price:
$890,000
MLS #:
2688413
Status:
Active
Beds:
0
Baths:
0
Address:
610 San Lorenzo Street
Type:
Multi Family
Subtype:
MultiFamily
Subdivision:
Calvada Valley U7
City:
Pahrump
Listed Date:
Jun 1, 2025
State:
NV
Finished Sq Ft:
2,010
Total Sq Ft:
2,010
ZIP:
89048
Lot Size:
14,985 sqft / 0.34 acres (approx)
Year Built:
2022
Units:
4
Schools
Elementary School:
,
Interior
Appliances
Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
Cooling
High Efficiency
Flooring
Carpet, Luxury Vinyl Plank
Heating
Electric, High Efficiency
Laundry Features
Laundry Room
Exterior
Architectural Style
Fourplex
Association Amenities
Laundry
Construction Materials
Stucco
Parking Features
Paved
Roof
Tile
Financial
Maintenance Fee
$2,440
Taxes
$5,047
Directions
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.
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610 San Lorenzo Street
Pahrump, NV
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