1120 Sheldon St Clovis, NM 88101
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1120 Sheldon St
- Year built
- 1937
- Property type
- Commercial real estate
Description
This exceptional investment opportunity awaits at 1120 Sheldon Street, Clovis, New Mexico, 88101. This charming multi-family property, built in 1937, offers two distinct units, presenting a compelling prospect for both seasoned investors and those entering the real estate market. The property boasts a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit, providing comfortable and functional living spaces for tenants. Currently occupied, the property generates immediate rental income, showcasing its strong appeal within the Clovis rental market. Located in Curry County, this property is ideally situated to benefit from the area's growth and demand for rental housing. The asking price is $124,000, representing a solid return on investment potential. This property offers a blend of location convenience, practical amenities, and proven income-generating potential, making it an attractive addition to any real estate portfolio. Don't miss this chance to own a piece of Clovis's vibrant community and secure a promising future in real estate. The property's strong tenant occupancy history further underscores its stability and potential for long-term growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Clovis
- County
- Curry
- State
- New Mexico
- Longitude
- -103.1993383
- Latitude
- 34.4097527
