Currently two income producing houses on one half of this lot. The second half (.25 acres) would be a great place to build 4 small office/warehouse units. Homes are old, and could be remodeled as offices, with a commensurate rise in rents. Units built on the property could easily be rented out for approximately 1500 dollars/month each. Homes when converted to offices should pull in approximately 1250 dollars/month. This is an excellent investment opportunity, that you don't want to miss. Seller may carry balance at 7.0 percent with 150,000 dollars down. Or Buyer may qualify to assume VA loan at less than 3.0 percent.
| MLS # | 260004704 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | None |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 138 |
| Listing Provided By | 1st Option Realty | Dana Uhlhorn |
| SQ Feet | 1,492 |
|---|---|
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 2 |
| Zoning | C2 |
| Acreage | 0.50 |
| Heating | Natural Gas, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Evaporative Cooling, Wall/Window Unit(s) |
| Cooling Yes / No | Yes |
| Window Features | Aluminum Frames, Single Pane Windows |
| Furnished | Unfurnished |
| Fireplace Yes / No | No |
| Roof | Composition, Pitched, Shake |
|---|---|
| Lot Features | Level, Open Lot |
| Construction Materials | Asbestos, Frame, Stucco |
| Road Responsibility | Public Maintained Road |
| Foundation Details | Concrete Perimeter, Crawl Space |
| Fencing | Back Yard, Partial |
| Parking Features | Additional Truck Parking, Off Street, Unpaved |
|---|---|
| Attached Garage Yes / No | No |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Electric | 110 Volts |
| Property | 576 |
|---|
| State | NV |
|---|---|
| County | Lyon |
| City | Silver Springs |
| Zip Code | 89429 |
| Area | Lyon |
| Community Name | Silver Springs |
| Listing VS Median (in Silver Springs) | |
Price: $385,000 low | high Med: $324,950 sqft: 1,492 low | high Med: 1,356 $ / sqft: $258 low | high Med: $247 On site: 138 low | high Med: 26.5 | |
| State | NV |
|---|---|
| County | Lyon |
| City | Silver Springs |
| Zip Code | 89429 |
| Area | Lyon |
| Community Name | Silver Springs |
| Listing VS Median (in Silver Springs) | |
Price: $385,000 low | high Med: $324,950 sqft: 1,492 low | high Med: 1,356 $ / sqft: $258 low | high Med: $247 On site: 138 low | high Med: 26.5 | |