Active
108 Service Rd.
Ruidoso NM, 88345
$499,000
$180.21 per sqft
Active
3 Baths
2,769 sqft
Commercial
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 rents of $1,200 for each of the first two, and $1,800 for the third. This creates a robust potential rental income stream and an impressive 8.1% 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!
131738
MLSⓇ ID
October 21, 2024
Listed
October 23, 2024
Updated
Map
108 Service Rd.
Ruidoso NM, 88345
Interior Features
Total Stories
2
Total Bathrooms
3
Full Bathrooms
3
Interior Features
Appliances Only
Appliances
Dryer, 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
Natural Gas
Exterior/Building Features
Lot Size
0.17 Acres
Exterior Features
Balcony, Storage
Lot Features
Level
Architectual Style
Split Level
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Area Name
Ruidoso
Taxes
$5,185
Tax Frequency
Annually
Garage
No
Parking
Parking Lot, Paved
View
Yes
View Description
Mountain(s), Trees/Woods
County
Lincoln
Water Source
Public
Pool
No
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 10/23/2024. 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.
©2024 Ruidoso/Lincoln County Association of REALTORS® all rights reserved.
Data last updated on 10/23/2024 at 7:41 PM UTC