406 Friedman, Las Vegas, NM 87701

Property Description

Ideal live-plus-income or investment property perfectly positioned for New Mexico Highlands University (NMHU) students, faculty, and staff-or families wanting quick access to the university and Robertson High School, or medical facilities. The layout also supports multigenerational living. The front duplex includes a 2-bedroom residence with its own living space and updated kitchen, paired with a separate 1-bedroom unit that features its own private entrance, independent access, and a shared yard space. In the back, the 1-bedroom casita offers a self-contained living area with its own entrance, giving it full privacy from the main house. The entire property has been recently stuccoed with thoughtful upgrades throughout, including on-demand water heaters, hardwood floors, and an updated kitchen with island. This creates strong rental demand from medical providers, university students (roommates or individual rooms), graduate students, faculty, and staff who prefer walking or short commutes. Investors can occupy one portion and lease the rest, or fully lease to the university community for consistent cash flow. Owners can also live in one unit while generating income from the others-or use the flexible layout for multigenerational living alongside rental potential. This property is an amazing opportunity right in the center of town. Schedule your showing today!