Back of Property is 154.38 on Alley. Front is paved road. Property backs up to two existing 4-plexes. Do not have rental information. With $6950 down owner will carry $22,000 at 3.5% fully amortized for 30 years. Very attractive price for multifamily lot located just one block from town center. With inflation at 7% the purchase of this land at 3.5% interest for 30 years is like buying the property for 40% off of the recently reduced price. It is probably not possible to find a better investment. Property tax is only about $160.00 per year so the holding cost is also very reasonable for an investor. Seller has 4 other properties which are MLS 2314912, 2313533, 2314744, and 2380557. Seller will consider a reduced price to a buyer who takes all 5 properties.
Listing Provided Courtesy of Compass Realty & Management
Property Details
Price:
$28,950
MLS #:
2273046
Status:
Active
Beds:
0
Baths:
0
Address:
2300 East Ambush Street
Type:
Land
Subdivision:
Calvada Valley U3
City:
Pahrump
Listed Date:
Feb 25, 2021
State:
NV
ZIP:
89048
Lot Size:
20,038 sqft / 0.46 acres (approx)
Schools
Elementary School:
,
Interior
Exterior
Financial
Buyer Agent Compensation
5.0000%
Taxes
$165
Directions
Take Windmill (HWY 160) to Pahrump L at Calvada Blvd; L at Mt. Charleston then R one block; then R one block to R on Mandy 300 feet & becomes Ambush. Property on right.
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