79 West Richards Street

Fallon, NV 89406

$205,000
Price
7
Beds
1
Bath
3,425 Sq. Ft.
$60 / Sq. Ft.
3,425
Sq. Ft.
$60
per Sq. Ft.

Description

INVESTOR SPECIAL seller finance terms available with 30% down. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. This property could also utilized as a land play with a great central location to build new and utilize the C-1...INVESTOR SPECIAL seller finance terms available with 30% down. Two buildings featuring 7-units (one 5-unit and one duplex) in a premium location off Main Street in downtown Fallon. With a growing Naval Air Station and steady rental demand in the area, this property has potential to become a CASH COW. This property has so much potential and just needs someone to take it to the finish line. This property could also utilized as a land play with a great central location to build new and utilize the C-1 Zoning.
  1. Listed by Cameron Meals • Blue Sierra Realty

Property Details for 79 West Richards Street

Zoning Actual
C-1
Total Parking Capacity
7

Location

Listing Courtesy of Blue Sierra Realty, Cameron Meals, License #14185
Add your commute
LISTING UPDATED: 06/02/2024 01:34 PM

Property Details for 79 West Richards Street

StatusActive
MLS #220009972
Days on Compass670
Taxes$1,490 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building (up to 8 Units)
Year Built1923
Lot Size0.33 AC / 14,374 SF
CountyChurchill County

Location

Listing Courtesy of Blue Sierra Realty, Cameron Meals, License #14185
Add your commute

Building Information for 79 West Richards Street

Stories2Residences-Year Built1923Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$1,243 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,119

Property Taxes

$124

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 79 West Richards Street

Summary
Location and General Information
  • Area: Fallon City-SW
  • Zip: 89406
  • Geo Latitude: 39.471917
  • Geo Longitude: -118.777982
  • Geo Quality: 0.95
  • Geo Zoom Level: 14.0
  • Geo Address Line: 79 W Richards St
  • Geo Primary City: Fallon
  • Geo Subdivision: NV
  • Geo Postal Code: 89406
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Address: 79 W Richards
  • County: Churchill
  • Xstreet/Directions: Main St.
  • Source of Zoning: Assessor
Taxes and HOA Information
  • CC/R Restrictions: No
  • Sliding Scale: No
  • Taxes $: $1,490.27
Parking
  • Parking Capacity per Unit: 1
  • Parking Types: None
Property
Lot Information
  • Class: Multi-Family
  • Type: Multi-Family
  • Source of SqFt: Assessor
  • Year Built: 1923.0
  • Acreage: 0.33
  • Type of Property: Apartment Building (up to 8 Units)
  • Parcel #: 00152801
  • Complex Name: Unknown
  • Gross Square Footage: 3425.0
Property and Assessments
  • Cap Rate: .00%
  • Documents On File: None
  • ADA Compliant: No
  • APOD Available: No
  • Construction: Masonry
  • Associated Document Count: 1
  • LVT Date: 07-05-2022
Utilities
  • Individually Metered: No
Interior and Exterior Features
Interior Features
  • Heating/Cooling: Air Unit, Natural Gas, Wall Heater
  • Water Heater: Natural Gas
  • Windows: Double Pane, Single Pane
  • Facility Features: Separated Meters-Gas, Separate Meters-Electric, Primary Meter-Water, Central Water Heaters, Separate Heating/Cooling, Landlord Pays Utilities
  • Common Features: Alley Access, Fire Escape
  • Unit Features: None
  • Appliances: Refrigerator, Oven/Range
  • Laundry: Separate
  • Flooring: None
  • Green Features: None
Exterior Features
  • Foundation: Concrete/Crawl Space, Wood
  • Exterior: Stucco
  • Roof: Flat
  • Utilities: City/County Water, Community Sewer, City Sewer, Electricity, Natural Gas, Water Meter Installed
  • Landscaped: None
  • Sprinklers: None
  • Fenced: None
Room
  • Studio - # Baths: 0
  • 1 Bedroom - # Baths: 1
  • 1 Bedroom - # Units: 7
  • 1 Bedroom - SqFt/Unit: 0
  • 1 Bedroom - Avg Rent/Unit: 825
  • 2 Bedroom - # Baths: 0
  • 2 Bedroom - # Units: 0
  • 2 Bedroom - SqFt/Unit: 0
  • 2 Bedroom - Avg Rent/Unit: 825
  • 3 Bedroom - # Baths: 0
  • 3 Bedroom - # Units: 0
  • 3 Bedroom - SqFt/Unit: 0
  • 3 Bedroom - Avg Rent/Unit: 0
  • 4+ Bedroom - # Baths: 0
  • 4+ Bedroom - # Units: 0
  • 4+ Bedroom - SqFt/Unit: 0
  • 4+Bedroom - Avg Rent/Unit: 0
  • Manager Unit - # Bedrooms: 0
  • Manager Unit - # Baths: 0
  • Manager Unit - SqFt: 0
  • Studio - # Units: 0
  • Studio - SqFt/Unit: 0
Multi Family
Multi-Family Information
  • Studio - Average/Unit: 0
  • # Buildings: 2
  • # Units: 7
  • Stories: 2 Story
Income & Expenses
  • Annual Debt Service: $.00
  • Annual Expenses: $.00
  • Annual Income & Expenses: Pro Forma
  • Gross Scheduled Income: $69,300.00
  • Net Operating Income: $.00
Agent
Showing and Remarks
  • Showing Instructions: Call Listing Agent
Sale and Listing
  • Sale/Rent: For Sale
  • DOM: 657
  • DOMLS: 657
  • Cumulative DOM: 657
  • Cumulative DOMLS: 657
  • Possession: COE
  • Sale/Lease: For Sale
  • Contact Name: Cameron Meals
  • Contact Phone: 7755444423
Rental
Rent Information
  • Annual Vacancy: $.00
  • Current Lease: None

Property History for 79 West Richards Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 79 West Richards Street

Taxable ValueLand$22,400Additions$39,338Total$61,738
Tax Record2023$1,490 ($124 / month)
Home Facts
Total Finished SqFt2,702 SqFtAbove Grade Finished SqFt2,702 SqFtStories2Lot Size14,375 SqFtStyleMulti-Family Res (5+ Units)Year Built1912ZoningC1CountyCHURCHILLAPN001-528-01

Schools near 79 West Richards Street

Rating
School
Type
Grades
Distance
Public - K to 1
Public - 2 to 3
Public - 3 to 6
Public - 6 to 8
Rating
School
Distance
Lahontan Elementary School
PublicK to 1

E C Best Elementary School
Public2 to 3

Numa Elementary School
Public3 to 6

Churchill County Jr. High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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79 West Richards Street is a multi-family home for sale in Fallon, NV 89406. This property was listed for sale on July 5, 2022 by Blue Sierra Realty, it's currently listed at $205,000. It has been on the market for a total of 670 days and was last sold on February 15, 2022. Nearby schools include Lahontan Elementary School, E C Best Elementary School and Numa Elementary School. 79 West Richards Street is a 7-bed, 1-bath, 3,425 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Sierra Realty, Cameron Meals, License #14185

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.