1501 Ross St, Clovis, NM 88101
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.