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
$ 220,000
Est. payment /mo
Active
1327 S Perry Street Hobbs, NM 88240
2 Beds
1 Bath
1,208 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Site Built
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1200-1399
Square Footage 1,208 sqft
Price per Sqft $182
MLS Listing ID 20262010
Bedrooms 2
Full Baths 1
Year Built 1955
Annual Tax Amount $1,979
Tax Year 2025
Property Sub-Type Single Family Site Built
Property Description
Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layout—minimizing upfront rehab costs. Additional units/structures provide immediate or future income opportunities, with room to increase rents and improve overall returns. The expansive lot allows for easy access, ample parking, and potential for further improvements or reconfiguration to maximize cash flow.
Location
State NM
County Lea
Area New Mexico Mls
Interior
Heating Central Forced Air
Cooling Forced Central Air
Flooring Laminated, Wood
Exterior
Exterior Feature Storage Shed
Parking Features Not Applicable
Utilities Available Electricity, Sewer, Water-City
Roof Type Pitched,Shingles
Building
Structure Type Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by CASA OASIS REALTY