25
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$180,000
Est. payment /mo
7,405 Sqft Lot
Active
1412 8th ST Las Vegas, NM 87701
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202504274
Style One Story
HOA Y/N No
Year Built 1940
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Income-generating duplex featuring two separate 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 and is currently occupied with tenants. The property includes a long driveway accommodating parking for both units. Both units with recent and current 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***
Location
State NM
County San Miguel
Zoning R-1, 2, 3, 4, 5, 6
Interior
Interior Features No Interior Steps
Heating Natural Gas, Space Heater
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Available
Water Access Desc Public
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style One Story
Schools
Elementary Schools Las Vegas
Middle Schools Las Vegas
High Schools Las Vegas
Others
Tax ID 1094093436374
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Kurtis Quintana • Home & Land Professionals LLC
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