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$ 234,000
Est. payment | /mo
3 Beds
3 Baths
0.39 Acres Lot
$ 234,000
Est. payment | /mo
3 Beds
3 Baths
0.39 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2502119
Bedrooms 3
Year Built 1944
Lot Size 0.390 Acres
Acres 0.39
Lot Dimensions .25 to .50 AC
Property Sub-Type Triplex
Source lascruces
Property Description
$3000 Seller Credit! Superb Opportunity to Build Your Wealth! Located near NMSU, shopping centers, schools, and major thoroughfares, this 2/3 occupied triplex is the perfect blend of current cash flow and future potential. The property features 3 units- 2 in a great duplex layout along with a detached character-filled A-frame apartment generating reliable rental income from day one. With it's prime location and stable occupancy, this property is ideal for both seasoned investors and first-time buyers looking to house hack using a loan. Live in one unit while the others help cover your mortgage, or hold as a leased asset with room for rent increases. Sitting on a generously sized lot, this property also offers development potential--with space to add a fourth unit or even explore a complete redevelopment into a larger multifamily complex, pending zoning and city approval. The possibilities are abundant for those with a long-term vision.
Location
State NM
County Dona Ana
Interior
Heating Gas Available
Fireplace N
Appliance Range, Refrigerator
Exterior
Parking Features None
Fence Block, Chain Link
Roof Type Shingle
Building
Foundation Wood, Slab
Sewer Public Sewer
Water Public
Structure Type Block,Stucco,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by EXIT Realty Horizons
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