Description
Excellent investment opportunity** in artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split hvac systems and appliances that convey with the sale; units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; a shared covered patio by the front doors provides a comfortable seating area for tenants; **listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; don't miss your chance to acquire a value-add asset in a steady rental market.
Property Type
ResidentialCounty
EddyStyle
ResidentialAD ID
49139071
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BuyOwner last updated this listing 04/25/2025 @ 10:07
- MLS: 20252065
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NewMexicoMLS
is a Home, with 3 bedrooms which is recently sold, it has 3,150 sqft, 3,125 sized lot, and 0 parking. are nearby neighborhoods.