189 1st Street #Lot 2, Wells, NV 89835
Local realty services provided by:Better Homes and Gardens Real Estate Universal
189 1st Street #Lot 2,Wells, NV 89835
$29,000
- 0.34 Acres
- Lots / Land
- Active
Listed by: dawn bear
Office: allie bear real estate
MLS#:260012250
Source:NV_NNRMLS
Price summary
- Price:$29,000
About this home
Build-to-Income Opportunity in Wells, Nevada 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....
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Home facts
- Listing ID #:260012250
- Added:4 day(s) ago
- Updated:September 28, 2026 at 04:02 PM
Structure and exterior
- Lot area:0.34 Acres
- Lot Features:Corner Lot, Corners Marked
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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