INCOME + UPSIDE in a gated community on the rise! 4-plex in the Village at Karen generating $4,278.50/month ($51,342/year): Unit A $950, Unit B $928.50, Unit C $1,250, Unit D $1,150. Units A and B sit below the community's typical $1,075-$1,200 range, leaving built-in rent upside. Since 2025 the seller added four security doors (approx. $15K), replaced one A/C, significantly repaired two others, and replaced or repaired about a dozen appliances, so less near-term capex for the next owner. Each unit is 2 bed/1 bath with central A/C and washer/dryer hookups. Get in before the community's makeover is done: board-approved new entry gates are already built and set to install, Google Fiber is approved community-wide with fresh asphalt and concrete to follow, plus a new landscaping company, rotating building paint, and pool, spa and fire-safety upgrades. Ideal for an investor or an owner-occupant who wants to live in one unit and let three help pay the mortgage. HOA covers grounds, exterior, sewer, trash, pool and playground.
Courtesy of Christopher J. Jaramillo with Keller Williams Realty Las Veg.
