205 Kentucky AveRoswell, NM 88203

Property Details for 205 Kentucky Ave

Year built

1942

Property type

Specialty properties

Description

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.

Location Insight

City

Roswell

County

Chaves

State

New Mexico

Latitude

33.3916

Longitude

-104.527

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