Price
$ 75,000

1321 COLORADO AVENUE, Las Cruces, NM 88001  
  • 3 baths
  • 1,020 sqft

1321 COLORADO AVENUE, Las Cruces, NM 88001  

This property is comprised of three efficiency units. The investment property is ready for new Tenants. The property has a new complete roof. Multi-Family is the #1 investment for investors that would like a good return on their initial investment. The location is centrally located in Las Cruces and is close to the major shopping hub of the city. Gross rents are over $10,000 per year. The property has been well maintained and the same owner has owned the location since 1977. This property would qualify for loans that would be considered residential and not commercial. This is priced well and a great investment.

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Listing Type
Multi-Family
Listing ID
1402859
Bathrooms
3
House Size
1,020
Lot Size
6,495.00 sqft
Listing Status
Active
County
Dona Ana
Full Bath
3
Subdivision
371 - Grand View Subdivision
Floors
1
Units
3
Listing courtesy of Steinborn & Associates
Price History
Get price alerts on price change
Date Event Change Price
12/30/2016 Price change $-15,000 (-16.7%) $75,000
5/6/2016 Price change $-5,000 (-5.3%) $90,000
4/9/2015 Price change $-11,000 (-10.4%) $95,000
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX CLASSIC REALTY
    2805 Doral Ct Las Cruces, NM 88011 | Phone: (575) 524-8788
    License #: 12817
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.