110 2Nd Ave Truth or Consequences, NM 87901

This exceptional investment opportunity presents a six-unit multi-family property located at 110 E 2nd Street, Truth or Consequences, New Mexico, 87901. Built in 1930, this special purpose property sits on a sizable 8,276.4 square foot lot. The property comprises six individual studio apartments, each equipped with its own private bathroom, offering residents both comfort and privacy. The asking price is $189,900. Its prime location in Truth or Consequences offers future tenants easy access to the renowned hot springs, local attractions, shops, and restaurants. The Geronimo Springs Museum and Elephant Butte Lake State Park are also within convenient reach. This property presents a compelling opportunity for investors seeking a multi-unit rental income stream in a desirable New Mexico location. The existing structure provides a solid foundation for immediate rental income generation, while the property's size and location offer potential for future development or expansion. This is a newly listed property and is expected to attract significant interest. The property's strong location and the inherent demand for rental units in the area make this a highly attractive investment prospect. Don't miss this chance to acquire a well-positioned multi-family property in a vibrant and growing community.