Bought with Deacon Property Services
$606,650
$695,237
12.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
3,725 SqFt
SOLD DATE : 12/12/2024
Key Details
Sold Price $606,650
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,725 sqft
Price per Sqft $162
Subdivision Cox'S Third Subdivision
MLS Listing ID 1065708
Sold Date 12/12/24
Bedrooms 3
Construction Status Resale
HOA Y/N No
Year Built 1958
Annual Tax Amount $2,836
Lot Size 0.360 Acres
Acres 0.36
Lot Dimensions Public Records
Property Sub-Type Multi Family
Property Description
Comprised of 2 buildings in which one is a triplex and the other a quadplex, each building boasts reconditioned and updated units. Some of these updates in varying units include flooring, HVAC, appliances, water heaters, electrical upgrades, countertops, fixtures, and fresh exterior and interior paint. The Owner has left ample opportunity for value-add possibilities. Refrigerated air upgrades, fencing in yards, completing window replacements, and adding storage sheds are just a few of these opportunities. Take advantage of the opportunity to own this updated multi-unit complex with value-add potential that is centrally located in a town with an approximate housing shortage of 5,600 units. Measures of investment performance at list price of $695,237 and with average rent
Location
State NM
County Dona Ana
Area 430 - Dona Ana
Interior
Heating Wall Furnace
Cooling Evaporative Cooling, Refrigerated
Flooring Tile
Fireplace No
Appliance Refrigerator
Exterior
Exterior Feature Landscaping
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Accessibility None
Total Parking Spaces 10
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Construction Status Resale
Others
Tax ID 4007134441493
Acceptable Financing Cash, Conventional
Green/Energy Cert None
Listing Terms Cash, Conventional
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "