$195,000
$203,950
4.4%For more information regarding the value of a property, please contact us for a free consultation.
79 W Richards Fallon, NV 89406
3,425 SqFt
Key Details
Sold Price $195,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,425 sqft
Price per Sqft $56
MLS Listing ID 220009972
Sold Date 03/17/25
Year Built 1923
Annual Tax Amount $1,490
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 0.33
Property Sub-Type Multi Family
Property Description
INVESTOR SPECIAL seller finance terms available with 30% down. 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. This property could also utilized as a land play with a great central location to build new and utilize the C-1 Zoning., 7 units all 1 bed, 1 bath and similar size. 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. 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. Advantageous C-1 zoning will allow for a myriad of additional uses.
Location
State NV
County Churchill
Zoning C-1
Direction Main St.
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring None
Laundry In Unit
Exterior
Parking Features Alley Access
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available, Water Meter Installed
View Y/N No
Roof Type Flat
Garage No
Building
Story 2
Foundation Wood, Crawl Space
Water Public
Structure Type Brick,Stucco
Others
Tax ID 00152801
Acceptable Financing 1031 Exchange, Cash, Owner May Carry, Owner May Carry 2nd
Listing Terms 1031 Exchange, Cash, Owner May Carry, Owner May Carry 2nd
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