USANVWellsRailroad AdditionTbd Wells Avenue

TBD Wells Ave, Wells, NV

Name: TBD Wells Ave, For Sale in Wells - Zoocasa
Brand: Allie Bear Real Estate
SKU: 3628461
Price: 29000 USD

House

For Sale

Listed price in listed location currency (USD).

$29,000

000

MLS® 3628461

Overview

Key Facts

Type

Levels Land

Size -

Garage

Taxes $104

Days Active 2

Lot Size 0.17 Acres

Approx. Age

MLS® Number 3628461

Property Address: TBD Wells Avenue, Wells, NV, 89835

Average square foot calculated using Size range provided by listing agent.

Description

Lot 2 offers an excellent opportunity to build a new duplex with the potential for both homeownership and rental income in Wells, Nevada. The seller's development concept is to construct a duplex on this lot, giving a future owner the option to live in one unit while renting the other, or to use both units as an investment property.The property is located on a corner with convenient access and is directly across from a preschool. Water is on the property, with power and sewer available at the street, providing valuable utility infrastructure for future construction.For a qualified buyer, rental income from the second unit may be considered by certain lenders when determining loan qualification, subject to the lender's specific requirements, appraisal, rental-income guidelines and other financing conditions. This creates the potential to offset a portion of the cost of owning a new home while building long-term rental income.The seller has completed the survey as part of the planned subdivision, with the engineer's work and final City of Wells approval still pending. This is an opportunity to secure a residential building site with a thoughtful income-producing concept already envisioned.Buyer to verify all zoning, permitted uses, duplex requirements, lot configuration, utility availability, subdivision status, building requirements and City approvals. Proposed development and rental-income potential are subject to all applicable governmental approvals and lender requirements.

MLS® Number3628461

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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