1510 W Yucca Avenue, Artesia, NM 88210
1510 W Yucca Avenue, Artesia, NM 88210
1510 W Yucca Avenue, Artesia, NM 88210
1510 W Yucca Avenue, Artesia, NM 88210
1510 W Yucca Avenue, Artesia, NM 88210
1510 W Yucca Avenue, Artesia, NM 88210
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$299,000

$299,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1 Bath

3,150 SqFt


SOLD DATE : 05/28/2025

Key Details

Sold Price $299,000

Property Type Single Family Home

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 2900+

Square Footage 3,150 sqft

Price per Sqft $94

Subdivision Vaswood

MLS Listing ID 20252065

Sold Date 05/28/25

Style 1 Story

Bedrooms 3

Full Baths 1

Annual Tax Amount $571

Tax Year 2024

Lot Dimensions 55 X116.90 & 55 X 116.90 (2 Lot)

Property Sub-Type OTHER

Property Description

Excellent investment opportunity** in Artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split HVAC systems and appliances that convey with the sale; Units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; A shared covered patio by the front doors provides a comfortable seating area for tenants; **Listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; Landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; Property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; Don't miss your chance to acquire a value-add asset in a steady rental market.

Location

State NM

County Eddy

Area New Mexico Mls

Interior

Interior Features Blinds/Shades, Cable TV Available

Heating SPLIT UNIT

Cooling Split Unit

Appliance Range-Free Standing

Exterior

Parking Features Not Applicable

Utilities Available Electricity, Natural Gas, Sewer, Water-City

Roof Type Membrane

Building

Structure Type Stucco

New Construction No

Schools

Elementary Schools Yucca

Middle Schools Zia

High Schools Artesia High School

Others

SqFt Source Accessors

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by HARWELL & ASSOCIATES REAL ESTATE
Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker | License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

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