79 W Richards, Fallon, NV 89406 – 220009972 - Richard Berman

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Richard Berman

rberman@dicksonrealty.com +1(775) 450-1940

$204,500

Est. payment - /mo

7 Beds

7 Baths

3,425 SqFt

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UPDATED:

11/03/2024 06:11 AM

Key Details

Property Type Multi-Family

Sub Type Apartment Building (up to 8 Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,425 sqft

Price per Sqft $59

Subdivision Nv

MLS Listing ID 220009972

Bedrooms 7

Year Built 1923

Lot Size 0.330 Acres

Acres 0.33

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

Interior

Heating Air Unit, Natural Gas, Wall Heater

Cooling Air Unit, Natural Gas, Wall Heater

Flooring None

Appliance Refrigerator, Oven/Range

Laundry Separate

Exterior

Exterior Feature Stucco

Fence None

Utilities Available City/County Water, Community Sewer, City Sewer, Electricity, Natural Gas, Water Meter Installed

Roof Type Flat

Total Parking Spaces 7

Building

Story 2 Story

Foundation Concrete/Crawl Space, Wood

Water Natural Gas

Level or Stories 2 Story

Structure Type Masonry

Others

Tax ID 00152801

SqFt Source 3425

Special Listing Condition None

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Listed by Blue Sierra Realty

Richard Berman

Agent | S.S.0181980

+1(775) 450-1940

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