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    807 Albuquerque St Roswell, NM 88203

    Sponsored
    For Sale
    $150,000

    Three-unit property, great rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity in Roswell, New Mexico, presents a three-unit property located at 807 W Albuquerque Street, zip code 88203. The property sits on a sizable 6,800 square foot lot and was constructed in 1950. The complex comprises two two-bedroom, one-bathroom apartments and a separate three-bedroom, one-bathroom house. Currently, one apartment generates $700 in monthly rent, while the other brings in $675. The bottom apartment includes convenient washer and dryer hookups. The property also features a fenced yard, adding to its appeal and functionality. The front house offers significant potential for renovation and increased rental income or owner occupancy. This property presents a strong cash flow opportunity for investors seeking a multi-family investment in a desirable location. The asking price for this unique property is $150,000. This is a special purpose property located in Chaves County.

    Property Features for 807 Albuquerque St

    General Information

    Property type
    Specialty properties

    Building Details

    Year Built
    1950
    Units
    3

    HighLights

    • Three‑unit property in Roswell, NM (807 W Albuquerque St, 88203).
    • 6,800 sq ft lot, built in 1950.
    • Two 2‑bed/1‑bath apartments ($700 & $675 monthly rent); one 3‑bed/1‑bath house.
    • One apartment includes washer/dryer hookups; fenced yard.
    • $150,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roswell
    County
    Chaves
    State
    New Mexico
    Longitude
    -104.534077
    Latitude
    33.3879814

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    FAQs

    What type of property is this?
    Specialty property - Three-unit property, great rental income.
    Where is this specialty property located?
    The property is located at 807 Albuquerque St Roswell, NM.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Three-unit property in Roswell, NM (807 W Albuquerque St, 88203).; 6,800 sq ft lot, built in 1950.; Two 2-bed/1-bath apartments ($700 & $675 monthly rent); one 3-bed/1-bath house.
    Request Owner's contact information
    807 Albuquerque St Roswell, NM 88203
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    Roswell, NM 88203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    807 Albuquerque St Roswell, NM 88203
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