For Sale
$400,000

909 5Th StLas Vegas, NM 87701

Five-unit income property, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a five-unit multifamily property located at 909 5th Street, Las Vegas, New Mexico, 87701. Built in 1989, this special purpose property is currently listed at $400,000. All five units are presently occupied, generating immediate rental income. The property enjoys a highly desirable location, offering convenient proximity to key community amenities. Its close proximity to the Carnegie Library, New Mexico Highlands University, and the historic old town plaza area ensures strong tenant demand and potential for future appreciation. The units are well-maintained and in good condition, minimizing immediate capital expenditure needs. This presents a compelling opportunity for investors seeking a stable, income-producing asset in a vibrant New Mexico community. The property's strategic location within San Miguel County provides easy access to local services and attractions, further enhancing its investment appeal. This turnkey investment is ready for immediate ownership and income generation. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-situated, income-producing property in a growing market.

Highlights

  • $400,000 asking price.
  • Special purpose property with five units.
  • Built in 1989.
  • Located at 909 5th Street, Las Vegas, NM 87701.
  • All five units currently occupied, generating rental income.
  • Excellent location near Carnegie Library, New Mexico Highlands University, and the old town plaza.

Property Details for 909 5Th St

Property type
Specialty properties
Year Built
1989
Units
5

Location Insight

City
Las Vegas
County
San Miguel
State
New Mexico
Latitude
35.5989125
Longitude
-105.2165783
909 5Th St, Las Vegas, New Mexico

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909 5Th St
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