Carlsbad, NM 88220,5005 Bannister Road
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Carlsbad, NM 88220,5005 Bannister Road
Carlsbad, NM 88220,5005 Bannister Road
Carlsbad, NM 88220,5005 Bannister Road
Carlsbad, NM 88220,5005 Bannister Road
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$ 155,000
Est. payment /mo
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5005 Bannister Road Carlsbad, NM 88220

5 Beds

2 Baths

2,768 SqFt


UPDATED:

11/29/2024 08:50 PM

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

Acres 0.29

Lot Dimensions IRR x IRR

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

SqFt Source Owner

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by CONGRESS REALTY, INC.

United Realty

Brokerage | License ID: 09099

+1(575) 631-9443

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5005 Bannister Road