Pending
bedrooms
3
bathrooms
1
square feet
3,150
Acreage
0.0717
Open Houses
-
year built
-
Full Baths
1
Half Baths
0
Excellent investment opportunity** in Artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split HVAC systems and appliances that convey with the sale; Units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; A shared covered patio by the front doors provides a comfortable seating area for tenants; **Listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; Landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; Property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; Don't miss your chance to acquire a value-add asset in a steady rental market.
| Location | |
| Subdivision | Vaswood |
| County | Eddy |
| Elementary School | Yucca |
| Middle School | Zia |
| High School | Artesia High School |
Open houses
Find out more
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MLS number: 20252065
Listing agent:
Karen Miller
Listing broker:
Harwell And Associates Real Estate
(575) 748-1036
Copyright © 2025 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, April 18 2025 at 9:22 p.m. EDT
Kotohomes National
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