$84,975 Active Under Contract
3845 Elm Street
Silver Springs, NV 89429
STR Status Unknown
2 Beds
·
1.0 Baths
·
550 Sq Ft

About This Property

Opportunity property with strong upside potential. Situated on a spacious half-acre lot, this parcel is already connected to city water and sewer, saving significant time and development costs. The property includes an abandoned manufactured home and an approximately 800 sq ft workshop that just needs some tlc, ideal for storage, projects, or future renovation. Ample space on the lot for your RV's, toys, and expansion. Old manufactured home has no value. Bring your vision-rare chance to secure a utility-ready lot with existing improvements.

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Active Under Contract
MLS # 260003126
Days on Market 49
Price/Sq Ft $154

Property History

Mar 19, 2026
Listed for sale
$84,975
Current
Pending
$84,975
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 550
Lot Size 0.51 acres
Stories 1
Year Built 1964
Property Type Manufactured Home
Subdivision Silver Springs Ph 2
APN 018-405-49
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Other
Foundation Other
Utilities & Systems
Heating None
Financial
Annual Tax $444
Schools
Elementary School Silver Springs
Middle School Silver Springs
High School Silver Springs
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($16,995)
Home price
$84,975
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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