5005 Bannister Road new

Carlsbad,NM 88220

$ 155000

5 Beds

2 Baths

2768 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Site Built

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2600-2899

Square Footage 2,768 sqft

Price per Sqft $55

Subdivision Otis

MLS Listing ID 20246832

Bedrooms 5

Full Baths 2

Year Built 1979

Annual Tax Amount $372

Tax Year 2024

Lot Size 0.290 Acres

Property Description

Discover a prime investment opportunity with this property featuring two homes on a single 0.29-acre lot, located on the outskirts of Carlsbad, NM. Priced at $155,000, this deal is ideal for investors seeking potential rental income. The property includes a 3-bedroom, 1-bath home and a 2-bedroom, 1-bath home. Both homes are fixer-uppers, offering significant potential for those looking to invest in affordable housing with promising returns. Whether you're interested in creating a dual rental income stream or flipping for profit, this property is a great chance to invest in a growing area.

Location

State NM

County Eddy

Area New Mexico Mls

Exterior

Parking Features Not Applicable

Roof Type Shingles

Building

New Construction No

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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