204 Corbett St Hobbs, NM 88240

This exceptional investment opportunity in Hobbs, New Mexico, presents a three-unit property located at 204 E Corbett Street, zip code 88240, in Lea County. Built in 1955, the property sits on a generous 7,590 square foot lot. The property currently boasts 100% occupancy with three fully leased units, providing immediate rental income. The main unit is a comfortable two-bedroom, two-bathroom home featuring central air conditioning and heating. Adding to the rental potential are two additional units: a cozy one-bedroom, one-bathroom studio apartment equipped with a window air conditioning unit, and a second one-bedroom, one-bathroom unit also featuring central air conditioning and heating. This turnkey investment is ideally situated in a desirable area, offering a strong return on investment. The asking price for this income-generating property is $235,000. This represents a rare chance to acquire a well-maintained, fully occupied multi-family property in a thriving New Mexico market. Don't miss this chance to add a profitable asset to your portfolio.