807 Albuquerque StRoswell, NM 88203

This exceptional investment opportunity in Roswell, New Mexico, presents a three-unit property located at 807 W Albuquerque Street, zip code 88203. The property sits on a sizable 6,800 square foot lot and was constructed in 1950. The complex comprises two two-bedroom, one-bathroom apartments and a separate three-bedroom, one-bathroom house. Currently, one apartment generates $700 in monthly rent, while the other brings in $675. The bottom apartment includes convenient washer and dryer hookups. The property also features a fenced yard, adding to its appeal and functionality. The front house offers significant potential for renovation and increased rental income or owner occupancy. This property presents a strong cash flow opportunity for investors seeking a multi-family investment in a desirable location. The asking price for this unique property is $150,000. This is a special purpose property located in Chaves County.