3934 Torsby Place, Las Vegas, NV 89119

$178,867
2
BD
1
BA
772
SqFt

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List Price
$178,867
Status
ACTIVE
MLS#
2827625
Subtype
Residential
Style
One Story
Architectural Style
One Story
Year Built
1973
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
772
Lot Size
1,742
Acres
0.04
Subdivision
Swenson Apts

Property Description

INVESTOR OPPORTUNITY! $1,658/MONTH IN-PLACE RENT AND APPROXIMATELY 11.1% GROSS ANNUAL RENT YIELD! This income-producing property offers an appealing opportunity for buy-and-hold investors seeking an established rental income stream at an accessible price point. The current approved HCV/Section 8 rent is $1,658 per month, currently paid 100% by the Housing Authority under the existing rental assistance arrangement. At the current asking price, the annual gross rent yield is approximately 11.1%, before HOA dues and other operating expenses. Enjoy a central Las Vegas location with convenient access to the Las Vegas Strip, Sphere, Harry Reid International Airport, UNLV, medical services, shopping, and premier golf destinations including Las Vegas Country Club and Wynn Golf Club. An attractive entry point into the Las Vegas real estate market, this property may appeal to both investors looking for income potential and buyers considering future owner-occupancy, subject to the existing tenancy and applicable requirements. Seller offering a $796 credit toward Buyer’s November and December 2026 HOA dues at closing, subject to contract and applicable approval. Tenant occupied. Please do not disturb tenant. Buyer to independently verify rental assistance terms, lease and HAP documentation, ownership transfer requirements, HOA fees, property taxes, insurance, property condition, and all other information. Showings by appointment only with a minimum of 24 hours’ advance notice. Please do not disturb the tenant.

Additional Information

Interior Features
Bathroom on Main Level, Bedroom on Main Level, Primary Downstairs, Window Treatments
Exterior Features
Patio, Private Yard
Taxes
$409
HOA Fee
$398
HOA Frequency
Monthly
Property Description
One Story
Appliances
Gas Range, Microwave, Refrigerator
Heating
Central, Gas
Air Conditioning
Central Air, Electric
Stories
1
Middle School
Orr William E.
High School
Valley

Courtesy of Yurong Yang with Axen Realty LLC.

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