If you’re looking for an affordable property in the charming town of Panaca, Nevada, with income potential, we’ve got an exciting opportunity for you. This single-wide manufactured home on a spacious 8,128 sqft lot is priced at just $65,000, following a recent $25,000 price reduction. Whether you’re searching for your next home or a promising income-producing property, this home could be the perfect investment.
Property Features and Highlights
Located in the peaceful town of Panaca, this manufactured home offers a combination of affordability, comfort, and potential for future growth. Here are just a few of the standout features of this property:
Spacious Lot: With 8,128 sqft of land, there’s plenty of space for outdoor activities or future expansions. The large lot also provides room for parking and outdoor storage, ideal for tenants or guests.
Expanded Living Space: The home boasts a large addition that includes an expanded living room, primary bedroom, and an upgraded bathroom with a walk-in shower. This extra space significantly enhances the home’s livability and makes it a more attractive option for renters.
Public Utilities: With access to public sewer and public water, you’ll save on maintenance costs typically associated with septic systems and wells. This convenience is a huge selling point for tenants who appreciate reliable utilities.
Affordable Price: Priced at just $65,000, or $66 per square foot, this home offers unbeatable value for the amount of space and the potential it provides. Plus, with a tax assessed value of just $15,168 and an annual tax amount of only $475, the ongoing costs remain low, leaving more room for profit if you decide to rent it out.
Why Panaca, NV?
Panaca is a quiet, rural town known for its friendly community and proximity to beautiful natural landscapes like Pahranagat Valley and Spring Valley State Park. With a growing interest in affordable rural living, Panaca is becoming a popular destination for people looking to escape the hustle and bustle of city life. Whether you’re interested in owning your home or renting it out to others, Panaca offers a peaceful lifestyle at a fraction of the cost of larger towns or cities.
Investment Potential
With its low upfront cost and potential for rental income, this manufactured home in Panaca, NV, could be a great income-producing property. The large addition provides the added space that makes it a comfortable living space for tenants, while the public utilities keep the ongoing maintenance costs low. Renters will appreciate the extra living space and the convenience of a modern bathroom with a walk-in shower.
This property is ideally situated for short- or long-term rental, offering an affordable housing option for those seeking a rural lifestyle with access to modern amenities. Whether you’re a seasoned investor or a first-time buyer, this home offers an excellent opportunity for passive income.
Conclusion
If you’re in the market for an affordable home or looking to invest in an income-generating property, this single-wide manufactured home in Panaca, NV is a must-see. With a price reduction, public utilities, and a spacious lot, this property is an excellent investment for anyone seeking low-maintenance, affordable living.
Contact us today to learn more about this opportunity or to schedule a viewing.
Listed by Zillow