REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 425,000
Est. payment /mo
Active
208 E Mathews Street Roswell, NM 88203
0.58 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Unit 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20260514
Tax Year 2024
Lot Size 0.579 Acres
Lot Dimensions 25206
Property Sub-Type Multi Unit 5+
Property Description
High-Growth Investment Opportunity in Roswell's Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25,000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and dryer—allowing for instant cash flow from day one. The property is designed for scalability, with ample space to add additional units and significantly increase rental income. A fully fenced backyard creates a controlled, community-style environment featuring shared outdoor amenities, including a tranquil pond that also serves as a stormwater management system—reducing future infrastructure costs. A 40-foot shipping container is included and can be subdivided into multiple storage units, providing an additional revenue stream or tenant storage solution. With infrastructure already in place, minimal startup costs, and strong demand for affordable housing, this property is perfect for investors seeking high yield, rapid expansion, and long-term appreciation in one of Roswell's fastest-growing markets. Current rent is $1250.00 plus utilities
Location
State NM
County Chaves County
Area New Mexico Mls
Interior
Appliance Dryer, Range-Free Standing, Refrigerator, Washer
Listed by eXp REALTY, LLC