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$ 299,500
Est. payment /mo
Active
1235 E Hernandez RD Las Cruces, NM 88001
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Bishop Tract
MLS Listing ID 2502399
Year Built 1971
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 0 to .24 AC
Property Sub-Type Multi Family
Source lascruces
Property Description
Investor opportunity in central Las Cruces, priced at just $299,500--that's under $60K per unit and only $115/sqft for the building! This 5-unit multifamily property offers 60 feet of street frontage, easy access to the main road, and a minimum 6-car parking area. Totaling 2,590 sqft on an 8,712 sqft lot ($34/sqft land value), the layout includes four 2 bed/1 bath units and one 1 bed/1 bath unit. Constructed with durable brick exterior walls, concrete slab foundation, and equipped with city sewer, water, electric. In addition, the gas utilities can be billed to each unit. All units feature tile floors throughout every room. Property is in fair condition and ready for improvements, making it ideal for value-add investors. Located in the Loma Heights neighborhood near Apodaca Park, schools, shops, dining, and key thoroughfares. This area supports strong rental demand and long-term growth. Don't miss out on this opportunity -- priced to sell, act fast!
Location
State NM
County Dona Ana
Interior
Heating Natural Gas
Cooling Evaporative Cooling
Fireplace N
Exterior
Parking Features Paved Area
Roof Type Pitched,Minimum Pitch,Shingle,Gable/Hip
Building
Foundation Slab
Structure Type Brick,Frame,Block
Others
Acceptable Financing Cash
Listing Terms Cash
©2025 The Las Cruces Association of REALTORS®, Inc. All rights reserved.
Listed by BHGRE Steinborn & Associates