814 Fifth, Las Vegas, NM 87701

Property Description

This property offers five rental units with more than 3,600 square feet on a .16-acre lot. The beautiful Victorian home has been converted into three apartments: a one-bedroom/one-bath unit, a two-bedroom/one-bath unit, and a spacious one-bedroom/two-bath unit with an office and private laundry area in the basement. A shared laundry room for the other four units is also housed here. A separate two-unit building in the rear, with storage underneath and off-street parking, includes a one-bedroom/one-bath apartment and a two-bedroom/one-bath apartment, both with wooden decks. The property retains attractive historic details such as a covered porch, pocket doors, built-ins, and original-style wood floors but with recent improvements including , a new water line in both buildings, recent exterior paint, and on-demand hot water, Conveniently located directly across from Carnegie Library and the park, the property is close to New Mexico Highlands University, restaurants, shopping, and the local farmers' market. All five units are currently rented, making this an attractive opportunity for income potential in an established, highly walkable location. Buyers must be prequalified prior to showings