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$ 1,200,000
Est. payment /mo
New
520 NE First Street Carlsbad, NM 88220
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit 2-4
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255733
Style 1 Story
Bedrooms 4
Tax Year 2025
Lot Dimensions 70.85 x 140
Property Sub-Type Multi Unit 2-4
Property Description
Excellent multi-family investment potential exists at the newer constructed 4 plex unit, currently functioning as a highly in demand, short term rental. In each unit of this impressive property are 3 bedrooms, 2 bathrooms, laundry facilities and tasteful furnishings, creating desirability in each unit. Modern, high-end fixtures finish out each unit nicely. Recorded high occupancy rates and documented rental income make this property appealing. The listing price indicates a 10% CAP rate. Explore this investment opportunity today!
Location
State NM
County Eddy County
Area New Mexico Mls
Interior
Heating Electric, Central Forced Air
Flooring Vinyl
Inclusions Ceiling Fan
Appliance Dishwasher, Dryer, Microwave, Range-Free Standing, Refrigerator, Washer, Water Heater-Electric
Laundry Yes
Exterior
Utilities Available Electricity, Sewer, Water-City, Garbage, Cable
Roof Type Pitched,Shingles
Building
Structure Type Floor-Slab,Frame,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by CENTURY 21 DUNAGAN ASSOCIATES
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