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401 Naveran, Wells
$40,000
3623679 MLS
As good as it get! Views overlooking Wells Golf course and up to East Humboldt Mountain Range and Chimney Rock. These parcels are zoned R3 which allow animals and country living within the city limits. Great gravel drive and cattle guard entry. Serviced with city water and septic's are allowed. Each parcel has a view and the entire area was very nicely developed. This zoning allows NEW modular and manufactured homes on foundations as well as stick built homes. Buyer will need to install their septic and tie into city water line and powerlineto their home site. Call office for maps and zoning.. Priced to sell and owner terms offered. 9 parcels are available, 8 are sold. and 2 is reserved by owner. Seller terms at 5% interest and 20%down!!!

401 Naveran, Wells

TBD Wells, Wells
$22,500
3628461 MLS
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.

TBD Wells, Wells

189 1st, Wells
$22,500
3628460 MLS
Take advantage of a unique opportunity to create two income-producing properties on one parcel in Wells, Nevada. 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 situated on a corner lot directly across from a preschool. Water is already on the property, with power and sewer available at the street, offering valuable infrastructure for future development.Whether you're looking to build your own home with additional rental income, create a multi-unit investment property, or capitalize on the growing need for housing in Wells, this property offers flexibility and significant potential.The proposed two-lot subdivision and duplex development are subject to engineering, City of Wells approval, zoning, building requirements, utility requirements and all applicable governmental approvals. Buyer to independently verify development potential, permitted uses, utilities, financing options and rental-income qualification with the appropriate authorities and lender.

189 1st, Wells

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