NM > Las Cruces > College Park
Las Cruces, NM 88001,1855 Payne ST
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Las Cruces, NM 88001,1855 Payne ST
Las Cruces, NM 88001,1855 Payne ST
Las Cruces, NM 88001,1855 Payne ST
Las Cruces, NM 88001,1855 Payne ST
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Laura Reynolds

Laura Reynolds

+1(575) 640-9425
$ 249,500
Est. payment /mo
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1855 Payne ST Las Cruces, NM 88001

4 Beds

2 Baths

1,863 SqFt

UPDATED:

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

Acres 0.19

Lot Dimensions 0 to .24 AC

Property Sub-Type Townhouse

Source lascruces

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

Basement None

Kitchen Tile Floor, Electric Cooktop, Granite Counters, Electric Range

Interior

Heating Natural Gas

Cooling Evaporative Cooling

Fireplace Y

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

Level or Stories One

Structure Type Brick,Brick Veneer

©2025 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by BHGRE Steinborn & Associates
agent

Laura Reynolds

+1(575) 640-9425

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