Downtown Duplex

Multi-Family for Sale
Catylist Listing ID: 30372997
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 2,537 SF
Gross Land Area: 19,166 SF
Sale Price: $225,000
Unit Price: $112,500 Per Unit
Property Use Type: Investment
Building Name: None
Usable Size (USF): 2,537 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 4/2/2019

Overview / Comments

This property is a duplex. The approx. square foot of each unit is 1268. Each unit is rented for $750 per month. Tenants pay for gas, electricity, water, sewer, garbage. The owner just pays property taxes and insurance. The owner has added 2 new porches, 1 large carports, and refrigerated air in both units. This is a very minimal upkeep property for a new owner. Their is additional land behind the duplex for storage or possible additional units. Buyer should check with the city for that info. Owner will entertain owner financing with qualified Buyers. Great investment for a duplex.

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Taxing Authority: Dona Ana County
Tax ID/APN: R0204550
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Year Built: 1930
Year Renovated: 2017
Roof Type: Arched
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 8
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Air Conditioning: Package Unit
Internet Access: Cable, Satellite
Zoning Description: Multi-Family
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: Subd: VILLA MORA URBAN RENEWAL Lot: PR 1 Block: 219 S: 7 T: 23S R: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,340 74,968 119,302
Median Age: 35.62 33.77 34.67
Households: 6,632 30,330 47,142
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