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$ 500,000
Est. payment /mo
Pending
3820 Calle De Las Margaritas Las Cruces, NM 88005
1.09 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2501032
Originating Board lascruces
Year Built 1984
Lot Size 1.090 Acres
Acres 1.09
Lot Dimensions 1.01 to 1.5 AC
Property Sub-Type Quadruplex
Property Description
Endless possibilities await with this well-maintained fourplex in the peaceful and highly desirable Mesilla Park area. Situated on 1.09 acres with a charming pecan orchard, this property offers quiet country living just minutes from town. Each of the four 1-bedroom, 1-bath units features low-maintenance tile flooring, a full appliance package, and an open-concept kitchen, living, and dining area, with three units upgraded with new mini-split heating and cooling systems for efficient year-round comfort. With separate utility meters and a shared domestic well, this income-producing property is both functional and full of long-term potential. Its very close proximity to NMSU and Burrell College of Osteopathic Medicine makes this a prime rental location- ideal for student housing or short-term Airbnb stays. Beyond traditional rentals, this property offers multiple streams of potential income including pecan orchard harvests, horse training or boarding, and more. A rare opportunity, call me today!
Location
State NM
County Dona Ana
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplace N
Appliance Refrigerator
Exterior
Parking Features None
Fence Chain Link, Wood, Pipe
Roof Type Pitched,Shingle
Building
Foundation Ceramic Tile
Sewer Septic Tank
Water Private
Structure Type Stucco
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Listed by BHGRE Steinborn & Associates