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$ 129,900
Est. payment /mo
Price Dropped by $10K
1412 8th Street Las Vegas, NM 87701
2 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit 2-4
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20255382
Style 1 Story
Bedrooms 2
Tax Year 2024
Property Sub-Type Multi Unit 2-4
Property Description
Income-generating duplex featuring two units totaling 1,880 sq ft. The main unit offers 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room located past the laundry room suitable for office, storage, or workspace. The larger unit also includes a generous partially finished basement for additional storage. The secondary unit provides 574 sq ft with 1 bedroom and 1 bathroom. The property includes a long driveway accommodating parking for both units. Both units have recent rental history, with potential to benefit from modern updates. This property offers multiple investment strategies: maintain as a rental property with existing tenant income, use as owner-occupied investment by living in the larger unit while collecting rent from the smaller unit, or develop as a family compound. Located near restaurants and shopping for convenience, also walking distance to Highlands University - convenient for student tenants! Ready for buyer's updates and improvements to maximize potential. ***ALL OFFERS CONSIDERED***
Location
State NM
County San Miguel County
Area New Mexico Mls
Interior
Heating Space Heat
Flooring Laminated, Other
Inclusions Basement, Pantry
Appliance Range-Free Standing
Exterior
Utilities Available Electricity, Natural Gas, Sewer, Water-City
Roof Type Propanel
Building
Structure Type Frame,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by HOME & LAND PROFESSIONALS