1412 8th St, Las Vegas, NM 87701

$129,900

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List Price
$129,900
Status
ACTIVE
Days on Market
314
Price Change
▼ $10,000 1783649763
MLS#
20255382
Subtype
Residential
Year Built
1940
MLS Area Major
New Mexico Mls

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***

Additional Information

Interior Features
Basement, Pantry
Taxes
$1,153
Flooring
Laminate, Other
Heating
Space Heater
Stories
1
Elementary School
None/Other
Middle School
None/Other
High School
None/Other

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Home & Land Professionals.