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    OFF-MARKET
    Commercial real estate

    1501 Ross St, Clovis, NM 88101

    Built 1947
    Property ID
    US61-1661361
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a charming two-unit property ideally situated at 1501 Ross Street in Clovis, New Mexico, zip code 88101. Built in 1947, this special purpose property sits on a generous 7,000 square foot lot. The main house boasts three bedrooms and one bathroom, complete with central air conditioning and heating, offering a comfortable and functional layout. A second, self-contained apartment is located at the rear of the property, featuring one bedroom. This configuration presents a unique opportunity for owner-occupancy, allowing you to reside in one unit while generating rental income from the other. The asking price for this property is $114,900. Located in Curry County, this property offers a compelling investment prospect in a desirable New Mexico location. The property's size and layout provide flexibility for various investment strategies, making it an attractive option for both seasoned investors and those new to the real estate market. This property is ready for immediate occupancy or rental. The property's location in Clovis, NM offers easy access to local amenities and services. Don't miss this chance to acquire a valuable asset in a growing market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1947
    UPID US61-1661361
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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