603 Pennsylvania AveRoswell, NM 88203
- Specialty properties
- 4.00 AC
Property Details for 603 Pennsylvania Ave
- Year built
- 1967
- Lot size
- 4.00 AC
- Property type
- Specialty properties
Description
This exceptional investment opportunity presents a well-maintained four-plex located at 603 S Pennsylvania Avenue in Roswell, New Mexico. Built in 1967, this property sits on a generous 4-acre lot and offers a compelling return on investment. Each of the four units boasts two bedrooms and one bathroom, spanning approximately 895 square feet. Recent renovations have enhanced the appeal and functionality of each unit, ensuring a high occupancy rate. Current tenants occupy all four units, providing immediate cash flow. Individual features include a fireplace and a private fenced patio, adding to the desirability of each rental space. The property's location in Roswell, NM, within Chaves County, zip code 88203, offers convenient access to local amenities and services. The asking price is $368,000. A pre-qualification letter is required before scheduling a viewing. This property represents a solid investment opportunity for discerning buyers seeking a stable and profitable multifamily asset in a desirable New Mexico location. The substantial lot size also presents potential for future development or expansion.
Location Insight
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Latitude
- 33.3871
- Longitude
- -104.525
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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