Pending
445 Alameda Street
Las Cruces NM, 88005
$360,000
$155.31 per sqft
Pending
4 Beds
3 Baths
2,318 sqft
Multi-family
Built in 1935
Amazing investment opportunity in the sought after Alameda Depot area. Close to the downtown, this centrally located property is 100% rented with a cap rate of 8+ percent. Three units, a 2/1 and 2 1/1 with off street parking. The units have ornamental fireplaces, hardwood floors, fenced backyards, minisplits, and room for improvement which could give higher rents. All 3 are currently rented at market value. There is a separate rock building that is divided into 3 sections, there is the opportunity for each unit to have a one car garage.
2500600
MLSⓇ ID
March 7, 2025
Listed
March 8, 2025
Updated
Interior Features
Bedrooms
4
Total Bathrooms
3
Appliances
Range/Oven, Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.21 Acres
Roof
Flat
Sewer
City Sewer
Other Property Details
Association Amenities
Outside Storage
Garage
Yes
Parking
Garage, Street Parking
View
No
County
Dona Ana
Water Source
City
Listing History
Date | Event | Price |
|---|---|---|
3/8/2025 | Pending | — |
Listed by Padma Valdevit with Rethink Real Estate, LLC
Listing Contact: (575) 635-6662
The IDX display contains information sourced from the Las Cruces Association of REALTORS® as of 3/8/2025. 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.
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Data last updated on 3/8/2025 at 4:16 PM UTC