954 Augustine AVE Pending Save Request In-Person Tour Request Virtual Tour
Las Cruces,NM 88001
Key Details
Property Type Condo
Sub Type Apartment Building
Listing Status Pending
Purchase Type For Sale
Square Footage 2,223 sqft
Price per Sqft $312
Subdivision Coxs Third Subdivision
MLS Listing ID 2400478
Bedrooms 10
Year Built 1960
Lot Size 0.370 Acres
Property Description
950 & 954 Augustine: This renovated, 7 unit 2 lot property, is centrally located with a short 1 mile walk to the revitalized downtown area of Las Cruces where shops, eateries, and local breweries can be found. Comprised of 2 buildings in which one is a triplex and the other a quadplex, each building boasts reconditioned and updated units. Some of these updates in varying units include flooring, HVAC, appliances, water heaters, electrical upgrades, countertops, fixtures, and fresh exterior and interior paint. The Owner has left ample opportunity for value-add possibilities. Refrigerated air upgrades, fencing in yards, completing window replacements, and adding storage sheds are just a few of these opportunities. Take advantage of the opportunity to own this updated multi-unit complex with value-add potential that is centrally located in a town with an approximate housing shortage of 5,600 units. Measures of investment performance at list price of $695,237 and with average rent of $839
Location
State NM
County Dona Ana
Interior
Heating Forced Air,Gas
Cooling Evaporative Central,Refrigerated Central
Exterior
Garage Paved Area,Street Parking
Fence Chain Link
Roof Type Pitched,Shingle
Building
Foundation Slab
Sewer City Sewer
Water City
Structure Type Block,Frame,Stucco
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional