609 8Th StRoswell, NM 88201

For Sale
$180,000 View listing
  • Specialty properties

Property Details for 609 8Th St

Year built
1946
Property type
Specialty properties

Description

This centrally located Roswell, NM duplex presents a compelling investment opportunity. The property, situated on a 9,000 sq ft lot at 609 W 8th Street, boasts a total of 1464 sq ft of living space, divided into two income-generating units. Unit 1, a 2-bedroom, 1-bathroom unit, features separate living, dining, and kitchen areas, washer/dryer hookups, central refrigerated air, and gas heat. Currently leased at $950 per month, this lease expires March 31, 2025. Unit 2 offers 1 bedroom and 1 bathroom, an eat-in kitchen, and a separate living area. Equipped with refrigerated window AC and gas central heat, it commands a monthly rent of $650, with the lease expiring December 30, 2024. Recent upgrades include a new water heater (June 2024), a new roof (2022), and new vinyl flooring (2023). The property features a single water meter and split gas and electric meters for efficient utility management. Built in 1946, this well-maintained duplex offers a strong return on investment with its convenient location and consistent rental income. The property is located in Chaves County, NM, zip code 88201. This is a turnkey investment ready for a new owner.

609 8Th St, Roswell, New Mexico

Location Insight

City
Roswell
County
Chaves
State
New Mexico
Latitude
33.4013
Longitude
-104.531

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