For Sale
$475,000

2201 Norris StClovis, NM 88101

Prime Clovis location, value-add potential. Four units, new roof.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a four-unit quadriplex located at 2201 N Norris Street in Clovis, New Mexico, 88101. Offered at $475,000, this property boasts significant value-add potential and ample space for future development. Built in 1979, the property comprises four individual units, each conveniently equipped with its own private garage. One unit features a unique loft space, adding to its appeal and rental potential. Market analysis indicates immediate opportunities to increase rental income on each unit. A brand new roof will be installed before closing, eliminating a significant expense for the new owner. The property's prime location in Clovis, Curry County, New Mexico, ensures strong tenant demand and long-term investment stability. This quadriplex represents a compelling investment for those seeking a property with immediate income generation and substantial upside potential. The property's address is precisely 2201 N Norris Street, Clovis, NM 88101, with coordinates 34.4204375 latitude and -103.1781612 longitude.

Highlights

  • $475,000 asking price.
  • Four-unit special purpose property.
  • Built in 1979.
  • Located at 2201 N Norris Street, Clovis, NM 88101.
  • Each unit includes a garage; one unit features a loft.
  • New roof to be installed before closing.

Property Details for 2201 Norris St

Property type
Specialty properties
Year Built
1979
Units
4

Location Insight

City
Clovis
County
Curry
State
New Mexico
Latitude
34.4204375
Longitude
-103.1781612
2201 Norris St, Clovis, New Mexico

FAQs

What type of property is this?
Specialty property - Prime Clovis location, value-add potential. Four units, new roof.
Where is the specialty property located?
The property is located at 2201 Norris St Clovis, NM.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: $475,000 asking price.; Four-unit special purpose property.; Built in 1979.
How can I contact the broker?
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2201 Norris St
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