Active
1400 S Espina Street
Las Cruces NM, 88001
$3,280,000
$315.72 per sqft
Active
28 Beds
18 Baths
10,389 sqft
Residential
Built in 1972
Looking for a moneymaker with room to increase rents and income? This 18-unit complex near New Mexico State University may be the one! The property consists of 10 two bedroom and 8 one bedroom units situated in 6 buildings with individual washer & dryer hookups, heat, air & utilities. Current rents are below HUD Fair Market Rents in the 88001 zip code, which are $890 per month for 1 Brs and $1,000 for 2 Brs, If that's not enticing enough, the owner will finance the purchase. This is a terrific opportunity.
2400882
MLSⓇ ID
March 27, 2024
Listed
September 6, 2024
Updated
Map
1400 S Espina Street
Las Cruces NM, 88001
Interior Features
Bedrooms
28
Total Bathrooms
18
Appliances
Range/Oven, Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Evaporative Central
Heating
Yes
Heating Description
Electric, Gas
Exterior/Building Features
Lot Size
0.95 Acres
Roof
Composition, Pitched, Shingle
Sewer
City Sewer
Other Property Details
Garage
No
Parking
Paved Area
View
No
County
Dona Ana
Water Source
City
Pool
No
Listed by Gary A Sandler with Gary Sandler Inc., Realtors
Listing Contact: (575) 642-2292
The IDX display contains information sourced from the Las Cruces Association of REALTORS® as of 9/6/2024. 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.
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Data last updated on 9/6/2024 at 5:56 AM UTC