Renovated and tenantoccupied at market rent, 4300 N Lamont #236 is a turnkey investment offering immediate cash flow and exceptional returns. Exceeding the 1% rule, the property delivers a projected 9.4% cash-on-cash return and a 8.6% actual cap rate. Competitively priced to sell, this condo presents an outstanding opportunity for investors seeking strong performance or first-time investors looking for an affordable home with long-term value. Conveniently located near Nellis Air Force Base, with easy access to shopping, dining, public transportation, and major commuter routes.
| MLS # | 2805066 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| HOA Dues | $237 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 24 |
| Listing Provided By | Simply Vegas | Jillian Hyde |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 864 |
| Car Port | Yes |
| Story(s) | 2 |
| Zoning | Single Family |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central, Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Bedroom On Main Level, Primary Downstairs, Window Treatments |
| Window Features | Window Treatments |
| Furnished | Unfurnished |
| Appliances | Dryer, Electric Range, Disposal, Refrigerator, Washer |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
| Exterior Features | Private Yard |
|---|---|
| Roof | Other |
| Lot Features | Landscaped, Rocks, Less Than Quarter Acre |
| Fencing | Brick, Back Yard |
| Parking Features | Assigned, Covered, Detached Carport |
|---|---|
| Garage Yes / No | No |
| Utilities | Underground Utilities |
|---|---|
| Electric | Photovoltaics None |
| Sewer | Public Sewer |
| Community Features | Pool |
|---|---|
| Senior Community Yes / No | No |
| List Aor | Greater Las Vegas Association Of Realtors Inc |
|---|
| Property | 387 |
|---|
| State | NV |
|---|---|
| County | Clark |
| City | Las Vegas |
| Zip Code | 89115 |
| Community Name | Craigmont Villas Condo |
| Listing VS Median (in Craigmont Villas Condo) | |
Price: $135,000 low | high Med: $122,000 sqft: 864 low | high Med: 752 $ / sqft: $156 low | high Med: $164 On site: 24 low | high Med: 53 | |
| State | NV |
|---|---|
| County | Clark |
| City | Las Vegas |
| Zip Code | 89115 |
| Community Name | Craigmont Villas Condo |
| Listing VS Median (in Craigmont Villas Condo) | |
Price: $135,000 low | high Med: $122,000 sqft: 864 low | high Med: 752 $ / sqft: $156 low | high Med: $164 On site: 24 low | high Med: 53 | |