For Sale
$169,000

205 Kentucky Ave Roswell, NM 88203

Charming duplex, new roof, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional investment opportunity presents a charming two-unit duplex located at 205 S Kentucky Avenue in Roswell, New Mexico, zip code 88203. Built in 1942, this special purpose property sits on a generous 8,000 square foot lot, offering ample space and potential. Each unit boasts one bedroom and one bathroom, providing comfortable living spaces for tenants. The property's convenient location places it in close proximity to the heart of downtown Roswell and various shopping amenities, ensuring high tenant demand and occupancy rates. A significant advantage is the recently replaced roof, eliminating immediate maintenance concerns and reducing future expenses for the new owner. The duplex also features plenty of rear parking, a valuable asset for tenants and a positive contributor to rental income. Priced at $169,000, this property represents a compelling investment opportunity for those seeking rental income in a desirable location. The property's strong fundamentals, coupled with its prime location and recent improvements, make it an attractive addition to any investment portfolio. This is a turnkey opportunity ready for immediate income generation.

Highlights

  • Charming two-unit duplex in Roswell, NM (88203) at 205 S Kentucky Avenue.
  • Situated on an 8,000 sq ft lot.
  • Each unit features one bedroom and one bathroom.
  • Excellent downtown Roswell location near shopping.
  • Recently replaced roof.
  • Ample rear parking.

Property Details for 205 Kentucky Ave

Property type
Specialty properties
Year Built
1942
Units
2

Location Insight

City
Roswell
County
Chaves
State
New Mexico
Latitude
33.3915583
Longitude
-104.5271419

FAQs

What type of property is this?
Specialty property - Charming duplex, new roof, prime location.
Where is the specialty property located?
The property is located at 205 Kentucky Ave Roswell, NM.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Charming two-unit duplex in Roswell, NM (88203) at 205 S Kentucky Avenue.; Situated on an 8,000 sq ft lot.; Each unit features one bedroom and one bathroom.
How can I contact the broker?
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205 Kentucky Ave
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