1120 St Tyrone, NM 88061
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 1120 St
- Year built
- 1956
- Property type
- Specialty properties
Description
This exceptional investment opportunity, located at 1120 N West Street in Silver City, New Mexico, presents a unique chance to acquire a substantial multi-unit property. Built in 1956, the property sits on a generous 22,215.6 square foot lot and comprises 19 units, each offering ample living space. The property's configuration is ideal for a variety of uses, including a large-scale rental portfolio or a creative co-living arrangement. Common areas include a spacious kitchen, laundry facilities, and an entertainment room, fostering a sense of community among residents. An existing office space provides additional flexibility, potentially serving as a shared workspace or easily converted into another living area. The asking price is $790,000. This property represents a rare find in Silver City, offering significant potential for both income generation and unique living arrangements. The property is zoned as Special Purpose and is situated in Grant County, New Mexico, zip code 88061. Its prime location in Silver City offers easy access to local amenities and services. This is a remarkable opportunity for investors seeking a high-yield property with considerable upside. Don't miss this chance to acquire a substantial and versatile property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tyrone
- County
- Grant
- State
- New Mexico
- Longitude
- -108.333
- Latitude
- 32.6932
