
$715,000 USD
Multi Family Home for Sale, 801 E Third St, Roswell, New Mexico 88201
- MLS#20256766
- 30
Listed By CENTURY 21 Black Gold
The Multi Family Home for Sale located at 801 E Third St, Roswell, New Mexico 88201 is currently for sale. 801 E Third St, Roswell, New Mexico 88201 is listed for $715,000. This property has 30 bedrooms, 0 bathrooms.
Property features
Property
- Features: Carport
Lot/Land
- Land/Lot size:
5,625 m² (1.39 ac)
Construction
- Exterior: Stucco
Bedrooms
- Bedrooms: 30
Heating and Cooling
- Cooling system: Window Unit(s)
Description
Exceptional multi-family investment opportunity!! This property features 5 triplexes for a total of 15 units all with a desirable 2 bedroom/1bath floor plan. All unit have attached carports with private laundry and storage rooms, a highly attractive amenity package for tenants. 12 of the 15 units are currently leased, providing instant income with plenty of upside. The property has been previously mismanaged, creating an excellent value-add opportunity for an investor ready to optimize operations. A couple of units are vacant and ready for remodeling, allowing you to update and lease at market rents quickly. Conveniently located just under a mile from Downtown Roswell with nearby shopping, this asset sits in an area with continued potential for improvements and long term growth. Whether you're looking to start your investment portfolio or expand with a value-add property, this is a unique opportunity with strong fundamentals and room to elevate performance.
Location
801 E Third St, Roswell, New Mexico 88201