189 1st Street #Lot 1, Wells, NV 89835

Wells
Local realty services provided by:Better Homes and Gardens Real Estate Drakulich Realty
189 1st Street #Lot 1,Wells, NV 89835
$29,000
  • 0.17 Acres
  • Lots / Land
  • Active
Listed by: dawn bear
Office: allie bear real estate
MLS#:260012251
Source:NV_NNRMLS

Price summary

  • Price:$29,000

About this home

Unique Investment & Development Opportunity in Wells, Nevada Take advantage of a unique opportunity to create two income-producing properties on one parcel in Wells, Nevada. This price is for Lot 1. New Parcel number TBD. The seller has had the property surveyed and is working toward splitting the parcel into two separate lots, with the engineer's work and final City approval still pending. The seller's proposed plan is to build a duplex on each lot, potentially creating four residential units in total. This could provide an owner-occupant the opportunity to live in one unit while generating rental income from the additional unit(s), or offer an investor the potential for multiple income-producing units. With today's financing options, qualified buyers may be able to use a portion of anticipated rental income when qualifying for certain owner-occupied investment loans, subject to lender guidelines, appraisal, lease/rental documentation and other requirements. The property is ideally...

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Home facts

  • Listing ID #:260012251
  • Added:4 day(s) ago
  • Updated:September 28, 2026 at 04:02 PM

Structure and exterior

  • Lot area:0.17 Acres
  • Lot Features:Corner Lot

Schools

  • High school:Out Of Area
  • Middle school:Out Of Area
  • Elementary school:Out of Area

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

  • Price:$29,000
  • Tax amount:$104
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