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$ 146,000
Est. payment /mo
Active
400 S Manchester Avenue Hagerman, NM 88232
2 Beds
1 Bath
1,096 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Residential/Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 900-1199
Square Footage 1,096 sqft
Price per Sqft $133
MLS Listing ID 20262069
Style 1 Story
Bedrooms 2
Full Baths 1
Annual Tax Amount $301
Tax Year 2024
Lot Dimensions 50' X 150', 7,500 SF
Property Sub-Type Residential/Commercial
Property Description
Discover an excellent investment and lifestyle opportunity at 400 S Manchester Ave, Hagerman, NM. This versatile property features a duplex plus an additional studio apartment, offering multiple income streams in one convenient location. Whether you're an investor or an owner-occupant, this property allows you to live in one unit while generating rental income from the others, helping offset your mortgage or boost cash flow. Located in the quiet community of Hagerman, this property offers small-town charm with strong rental potential. The separate living spaces provide flexibility for long-term rentals, short-term rentals, or multi-generational living. With a price point of $146,000, this is an affordable entry into income-producing real estate. Highlights: Duplex plus separate studio apartment, multiple rental income opportunities, live in one unit, rent the others. Great option for investors or owner-occupants. Affordable price with strong potential Don't miss this chance to own a property that works for you—whether you're building your investment portfolio or looking for a home that helps pay for itself. Square footage includes both dwellings of the duplex. Heating and cooling varies in each dwelling. Zoned Residential. Type of listing was not available for this property, Residential/Commercial option was used for this.
Location
State NM
County Chaves
Area New Mexico Mls
Interior
Cooling Other (see Remarks)
Exterior
Parking Features Not Applicable
Roof Type Metal,Pitched
Building
Structure Type Frame,Stucco
Others
SqFt Source assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by LOIS OLIVER REAL ESTATE
NEARBY SCHOOLS & PROPERTIES

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