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1550 Durazno Street

Las Cruces, NM 88001
  • $1,090,143
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 1043576
UPDATED: 38 min ago
$1,090,143
  • 2
    BEDS
  • 0.65
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 7,378
    SQFT
  • $148
    $/SQFT
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Each spacious and updated 2 bedroom, 1 bath unit features its own townhome feel with dedicated fenced inback yards, storage sheds, private driveways, and freshly landscaped front yards featuring a xeriscape appearance.Fresh interior and exterior paint, new washers and dryers in each unit, flooring, fixtures, and countertops, provide the new look tenants are searching for. Not only do these upgrades make these units desirable, but the eye-catching and easy to maintain landscaping sets each unit apart from anything else in close proximity. To top it off, each unit is 100% individually metered which makes it a breeze to manage and future owners can pursue subdividing each unit as a possible condo or townhome setup.Measures of investment performance at $1,090,143 are 6.22% cap rate,

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IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-12-01T08:05:09.22.
www.mynmdreamhome.com/homes/144609123
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1550 Durazno Street Las Cruces, NM 88001

  • Price: $1,090,143
  • Status: Active
  • On Site: 39 Days
  • Updated: 38 min ago
  • MLS #: 1043576
2
Beds
1
Baths
0
½ Baths
0.65
Acres
7,378
SQFT
$148
$/SQFT
1958
Built
Neighborhood:
Lots 6-9 Newell Subdivision
County:
Dona Ana
Area:
430 - Dona Ana
Property Description
Each spacious and updated 2 bedroom, 1 bath unit features its own townhome feel with dedicated fenced inback yards, storage sheds, private driveways, and freshly landscaped front yards featuring a xeriscape appearance.Fresh interior and exterior paint, new washers and dryers in each unit, flooring, fixtures, and countertops, provide the new look tenants are searching for. Not only do these upgrades make these units desirable, but the eye-catching and easy to maintain landscaping sets each unit apart from anything else in close proximity. To top it off, each unit is 100% individually metered which makes it a breeze to manage and future owners can pursue subdividing each unit as a possible condo or townhome setup.Measures of investment performance at $1,090,143 are 6.22% cap rate,
Exterior Features

Construction Materials Block Frame Exterior Features Landscaping Levels One Stories Total 1

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Electric None Flooring Carpet Vinyl Heating Central Forced Air Heating YN Yes Laundry Features Washer Hookup

Property Features

Accessibility Features None Additional Parcels YN Yes Builder Name Unknown Building Area Total 7378 Green Energy Generation None Gross Income 53018 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN No Occupant Type Owner Operating Expense 29906 Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 2906 Tenant Pays Electricity Gas Water Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected Zoning Description R-3

Southwest MLS] logo Listing courtesy of Nm Apartment Advisors, Inc.: (505) 440-8633. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2023-12-01T08:05:09.22.
 
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The Buchman Group | Keller Williams Realty
6703 Academy Rd NE
Albuquerque NM, 87109