1855 Payne ST new Save Request In-Person Tour Request Virtual Tour
Las Cruces,NM 88001
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,863 sqft
Price per Sqft $133
Subdivision College Park
MLS Listing ID 2502353
Style Ranch
Bedrooms 4
Full Baths 2
Year Built 1965
Lot Size 8,276 Sqft
Property Sub-Type Townhouse
Property Description
Turnkey Income Property with Value-Add Potential - 1855 Payne St | Las Cruces, NMLocated in the desirable University Hills neighborhood, just minutes from NMSU, shopping centers, schools, and hospitals, this well-maintained duplex offers a turnkey investment with strong current cash flow and room for upside. Each of the two units features 2 bedrooms and 1 full bathroom, with identical layouts that provide both function and style for the occupants.The property is currently fully rented, bringing in $1,650 per month in rental income, with occupants paying all utilities separately. Each unit is individually metered and features its own driveway with street access, offering convenience and privacy.Inside, you'll find tile flooring throughout every room, granite countertops, wooden cabinetry, and a tile backsplash in the kitchen. Bathrooms are finished with wooden sink cabinets and elegant tile and stone backsplashes that cascade down the wall and wrap into the tub/shower surround.
Location
State NM
County Dona Ana
Rooms
Kitchen Tile Floor,Electric Cooktop,Granite Counters,Electric Range
Interior
Heating Natural Gas
Cooling Evaporative Cooling
Laundry Utility Room
Exterior
Fence Block,Wood,Chain Link
Utilities Available City Gas
Roof Type Pitched,Minimum Pitch,Shingle,Gable/Hip
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Brick Veneer