747 D Street

Description

Investor Opportunity with Owner Financing Available! Rare opportunity to purchase a duplex in Hawthorne, Nevada, where much of the heavy lifting has already been started and significant improvements have been completed. Whether you're looking to add a cash flowing asset to your portfolio, create a long term rental investment, or live in one unit while renting the other, this property offers exceptional potential. The current owner began an extensive renovation but is no longer able to complete the project, creating a unique chance for the next owner to step in and finish to their own vision. Major improvements already completed include a brand new roof, new windows, new exterior siding, new exterior doors, new fencing, tree removal, interior demolition, popcorn ceiling removal, carpet removal, and installation of split unit heating and air conditioning systems with ductwork. Included in the sale are brand new appliances for both units, including refrigerators, ranges, instant hot water heaters, and stacked washer and dryer sets. Most appliances have never been used. One unit has already undergone extensive demolition and preparation for renovation, while both units still require various stages of plumbing, electrical, framing, flooring, paint, and finish work. This creates an excellent value add opportunity for investors, contractors, or buyers looking to build equity through improvements. A standout feature of this property is owner financing, which is rarely available in today's market. Seller is offering financing with 50% down, a 2 year carry amortized over 30 years, balloon payment due at maturity, and interest rate to be negotiated. This may provide a pathway for buyers to complete renovations, establish value, and transition into traditional financing in the future. Located in the heart of Hawthorne, you'll enjoy small town Nevada living with easy access to outdoor recreation at Walker Lake, stunning mountain views, abundant wildlife, and frequent sightings of the area's famous bighorn sheep. Hawthorne's rich military history and nearby Army depot continue to support the local economy while preserving the community's unique character. Properties with this combination of duplex income potential, renovation upside, and owner financing opportunities are difficult to find. Bring your vision and unlock the possibilities.