601-603 1St St Portales, NM 88130
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 601-603 1St St
- Year built
- 1980
- Property type
- Specialty properties
Description
This exceptional investment opportunity presents a well-maintained two-unit duplex ideally situated in Portales, New Mexico, at 601-603 W 1st Street, 88130. Built in 1980, this property boasts a generous 7,000 square foot corner lot, providing ample parking. The convenient location offers easy access to Eastern New Mexico University (ENMU), Cannon Air Force Base, and various local amenities. Each of the two units features a comfortable living room, a functional kitchen, and a complete bathroom. Adding to the property's appeal is a dedicated storage unit, enhancing its overall utility and value. The asking price for this turnkey investment is $135,000. This duplex represents a strong potential for rental income and long-term appreciation, making it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. The property's prime location and desirable features make it a highly sought-after investment opportunity in the Portales market. Don't miss out on this chance to acquire a well-positioned, income-generating asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Portales
- County
- Roosevelt
- State
- New Mexico
- Longitude
- -103.342
- Latitude
- 34.1832
