For Sale
$395,000

800 Richardson AveRoswell, NM 88201

Central Roswell, 2-Unit Property, Updated

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a rare find in the heart of Roswell, New Mexico. The property, located at 800 N Richardson Avenue, comprises two distinct units on a spacious 12,420 square foot lot. The main unit, a stunning 3,232 square foot residence, boasts five bedrooms and three and a half bathrooms. Recently updated and remodeled, it features two versatile bonus rooms ideal for home offices or additional bedrooms. Significant improvements include a new roof installed in 2024 and a complete HVAC system replacement in 2019. Its size and amenities make it perfect for a primary residence or a high-demand Airbnb. The second unit offers two separate one-bedroom, one-bathroom apartments. The lower apartment is fully remodeled and equipped with its own independent electrical and water meters. The upper apartment has completed plumbing and electrical work, requiring only finishing touches for occupancy. This property, built in 1949, presents a compelling blend of classic charm and modern updates, offering strong potential for rental income and appreciation. The asking price is $395,000. This is a unique chance to acquire a well-maintained, multi-unit property in a desirable Roswell location. Don't miss this chance to add a valuable asset to your portfolio.

Highlights

  • Exceptional investment opportunity in Roswell, NM, at 800 N Richardson Ave.
  • 12,420 sq ft lot with two units: a 3,232 sq ft, 5 bed/3.5 bath main house and two 1 bed/1 bath apartments.
  • Main house recently updated with new roof (2024) and HVAC (2019); ideal for primary residence or Airbnb.
  • One remodeled apartment, one apartment ready for finishing touches; both have separate utilities.
  • $395,000 asking price; strong rental income potential.

Property Details for 800 Richardson Ave

Property type
Specialty properties
Year Built
1949
Units
2

Location Insight

City
Roswell
County
Chaves
State
New Mexico
Latitude
33.4011982
Longitude
-104.5246827
800 Richardson Ave, Roswell, New Mexico

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800 Richardson Ave
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