108 Service Road, Ruidoso NM, 88345

Active

108 Service Road

Ruidoso NM, 88345

$449,000

$162.15 per sqft

Active

6 Beds

3 Baths

2,769 sqft

Multi-family

Built in 1943

RARE TRI-PLEX in Ruidoso, NM! This unique 2,769 +- sq ft, great investment opportunity, features 3 well-maintained units. Each unit has 2 bedrooms and 1 bath. Located near bustling Sudderth Dr., it offers both convenience and appeal. Currently, two of the units are rented at $750/month each, while the third commands $1,200/month, with projected future rents potentially higher. This creates a robust rental income stream and an impressive cap rate. Ideal for investors or those seeking a multifamily living arrangement, this tri-plex combines location, income potential, and long-term value. Don't miss out on this rare passive income producing Tri-Plex!

131983

MLSⓇ ID

January 22, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories: 2
Bedrooms: 6
Total Bathrooms: 3
Full Bathrooms: 3
Interior Features: Appliances Only
Appliances: Dryer, Gas Oven, Gas Range, Refrigerator, Washer
Floor Description: Carpet, Tile
Fireplace: No
Fireplace Description: None
Cooling: Yes
Cooling Description: Ceiling Fan(s), Central Air
Heating: Yes
Heating Description: Central, Natural Gas

Exterior/Building Features

Lot Size: 0.17 Acres
Exterior Features: Balcony, Dog Run
Lot Features: Cleared, Forestry Compliance, Level
Architectural Style: Mountain, See Remarks
Roof: Shingle
Sewer: Public Sewer
Patio And Porch: Deck, Front Porch

Other Property Details

Area Name: Ruidoso
Taxes: $4,927
Tax Frequency: Annually
Garage: No
Parking: Parking Lot, Paved
View: Yes
View Description: Mountain(s), Trees/Woods
County: Lincoln
Water Source: Public
Pool: No
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed by Patrick Valliant with TRU South Real Estate
Listing Contact: 575-213-5669

The IDX display contains information sourced from the Ruidoso/Lincoln County Association of REALTORS® as of 2/20/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 2/20/2025 at 10:05 AM UTC