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Listed by RE/MAX First Place Realtors Roswell
$ 750,000
Est. payment | /mo
13 Beds
6 Baths
6,044 SqFt
$ 750,000
Est. payment | /mo
13 Beds
6 Baths
6,044 SqFt
Key Details
Property Type Other Types
Sub Type Multi Unit 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,044 sqft
Price per Sqft $124
MLS Listing ID 26001347
Bedrooms 13
HOA Y/N No
Year Built 1980
Annual Tax Amount $1,948
Lot Size 1.320 Acres
Acres 1.32
Property Sub-Type Multi Unit 5+
Source NMMLS
Land Area 6044
Property Description
Six units with an established rental history in the heart of Dexter! This unique investment property consists of two duplex buildings-four approximately 1,006 sq. ft. units-plus two detached residences of approximately 2,156 sq. ft. and 936 sq. ft. Five of the six units have undergone extensive renovations, including updated flooring, bathrooms, cabinetry, electrical and lighting, fascia, vaulted and special touches to add character and style. Vaulted ceilings enhance the renovated interiors, giving these residences an open, spacious feel rarely associated with traditional multifamily housing. Set within their own dedicated parking area, the property offers a residential atmosphere in the small agricultural community of Dexter, New Mexico. An established tenant history adds another dimension to this opportunity. Some residents have made these home for more than a decade. With six individual residences, substantial improvements already completed, and only one remaining unit awaiting renovation, this property presents an opportunity for an investor to step into an established rental property while retaining additional value-add potential.
Location
State NM
County Chaves
Interior
Heating Electric
Flooring Carpet, Hardwood, Tile
Exterior
Utilities Available Water - City
View Y/N false
Roof Type Shingle
Private Pool No
Building
Water City
Others
Tax ID 4-145-076-318-114-00