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79 W Richards

Fallon, NV 89406
  • $205,000
  • STATUS: Active Under Contract
  • ON SITE: 600 Days
  • MLS #: 220009972
Under Contract
UPDATED: 22 min ago
$205,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,425
    SQFT
  • $60
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Description

INVESTOR SPECIAL with generous seller finance terms available. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. Many big ticket projects have been nearly completed including a new sewer line, new electrical master panel with romex wiring in the main building (option to individually meter available), Newer 200 gallon hot water heater system, new Pex water lines and plumbing, and a sealed roof with scuppers on the main building. C-1 zoning may allow for additional uses. Building plans for the 5-unit building found in photos will transfer with the property along with any and all building material on-site. Third structure may be used for a laundry facility or additional storage.

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Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-26T21:20:57.72.
www.vaulethomes.com/homes/130582259
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79 W Richards Fallon, NV 89406

  • Price: $205,000
  • Status: Active Under Contract
  • On Site: 600 Days
  • Updated: 22 min ago
  • MLS #: 220009972
0
Beds
0
Baths
0
½ Baths
0.33
Acres
3,425
SQFT
$60
$/SQFT
1923
Built
Neighborhood:
Fallon City-Sw
County:
Churchill
Area:
Fallon City-Sw
Property Description
INVESTOR SPECIAL with generous seller finance terms available. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. Many big ticket projects have been nearly completed including a new sewer line, new electrical master panel with romex wiring in the main building (option to individually meter available), Newer 200 gallon hot water heater system, new Pex water lines and plumbing, and a sealed roof with scuppers on the main building. C-1 zoning may allow for additional uses. Building plans for the 5-unit building found in photos will transfer with the property along with any and all building material on-site. Third structure may be used for a laundry facility or additional storage.
Exterior Features

Construction Masonry Exterior Stucco Fenced None Foundation Concrete/Crawl SpaceWood Landscaped None Parking Capacity 7 Parking Types None Roof Flat Sprinklers None

Interior Features

1 Bedroom Baths 1 1 Bedroom Sq Ft 0 2 Bedroom Baths 1 2 Bedroom Sq Ft 0 3 Bedroom Baths 0 3 Bedroom Sq Ft 0 4 Bedroom Baths 0 4 Bedroom Sq Ft 0 Appliances RefrigeratorOven/Range Flooring None Heating Cooling Air UnitNatural GasWall Heater Laundry Separate Manager Unit Baths 0 Manager Unit Bedrooms 0 Manager Unit Sq Ft 0 Stories 2 Story Studio Baths 0 Studio Sq Ft 0 Unit Features None Water Heater Natural Gas Windows Double PaneSingle Pane

Property Features

1 Bedroom Avg Rent Per Unit 825 1 Bedroom Units 5 2 Bedroom Avg Rent Per Unit 825 2 Bedroom Units 2 3 Bedroom Avg Rent Per Unit 0 3 Bedroom Units 0 4 Bedroom Avg Rent Per Unit 0 4 Bedroom Units 0 Access Public Annual Debt Service 0 Annual Expenses 0 Annual Income And Expenses Pro Forma Annual Vacancy 0 Apod Available No Ccr Restrictions No Common Features Alley AccessFire Escape Documents On File None Facility Features Separated Meters-GasSeparate Meters-ElectricPrimary Meter-WaterCentral Water HeatersSeparate Heating/CoolingLandlord Pays Utilities Green Feature Double Pane Windows Green Features None Gross Scheduled Income 69300 Multifamily Type Apartment Building (up to 8 Unit Net Operating Income 0 Owners May Sell Exchange 1031CashOwner Carry 1stOwner Carry 2nd Sale Lease For Sale Special Condition Of Sale None Studio Avg Rent Per Unit 0 Studio Units 0 Utilities City/County WaterCommunity SewerCity SewerElectricityNatural GasWater Meter Installed Zoning Actual C-1

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Blue Sierra Realty: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-02-26T21:20:57.72.
 
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