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721-725 E Picacho

Las Cruces, NM 88001
  • $320,000
  • STATUS: Active
  • ON SITE: 33 days
  • MLS #: 2102046
UPDATED: 26 min ago
$320,000
  • 10
    BEDS
  • 0.71
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,723
    SQFT
  • $68
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Located in the Mesquite Historic District, this 6 unit compound consisting of 4 buildings constructed over time since since 1946. plus an owner's storage building, has lots of potential still for upside for an astute investor. A 3 bedroom adobe home under renovation on the property is not included in current rents, It could be finished as a 3 bedroom or lends itself to division in to 2 apartments for added income potential. And the zoning provides for more density that at least another unit can be incorporated or built. Four units are in two duplexes that were built in the 60's & have been remodeled as seen in the photos. Photos of 725 A interior also represent 725 B.

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© 2021 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2021-08-04T09:14:25.217.
www.viewlascruceshomes.com/homes/118903574
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721-725 E Picacho Las Cruces, NM 88001

  • Price: $320,000
  • Status: Active
  • Updated: 26 min ago
  • MLS #: 2102046
10
Beds
6
Baths
0
½ Baths
0.71
Acres
4,723
SQFT
$68
$/SQFT
1946
Built
Neighborhood:
Los Reyes Subdivision
County:
Dona Ana
Area:
120 - Downtown
Property Description
Located in the Mesquite Historic District, this 6 unit compound consisting of 4 buildings constructed over time since since 1946. plus an owner's storage building, has lots of potential still for upside for an astute investor. A 3 bedroom adobe home under renovation on the property is not included in current rents, It could be finished as a 3 bedroom or lends itself to division in to 2 apartments for added income potential. And the zoning provides for more density that at least another unit can be incorporated or built. Four units are in two duplexes that were built in the 60's & have been remodeled as seen in the photos. Photos of 725 A interior also represent 725 B.
Exterior Features

Construction AdobeBlock Fence Chain Link Parking Capacity 12.00 Parking Type Street Parking Roofing Built-UpFlatGabled

Interior Features

Appliances Oven/RangeRefrigerator Cooling Evaporative CentralEvaporative Hall Heating Forced AirGasPanel

Property Features

Display On Public Websites YN Yes Green Certified YN No Hoa YN No Miscellaneous Individual Heat & AirIndividual Water HeaterMeters SeparatePet Restrictions New Vs Resale Resale Owner Financing YN No Property Sub Type Apartment Complex Reo Bank Owned YN No Sewer City Sewer Short Sale YN No Util Serv Included In Rent SewerTrash CollectionWater Water City Water Will Sell CashConventional

Listing provided courtesy of Margaret Shinn of Keller Williams Realty: (575) 527-0880. All listing information was provided by Southern New Mexico Multiple Listing Service.
© 2021 Southern New Mexico Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MLIS or Better Homes and Gardens Real Estate - Steinborn & Associates. Data last updated: 2021-08-04T09:14:25.217.
 
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