Property profile

205 Kentucky Ave Roswell, NM 88203

OFF-MARKET
Specialty properties
Property ID
US61-0388152
Built 1942
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a charming two-unit duplex located at 205 S Kentucky Avenue in Roswell, New Mexico, zip code 88203. Built in 1942, this special purpose property sits on a generous 8,000 square foot lot, offering ample space and potential. Each unit boasts one bedroom and one bathroom, providing comfortable living spaces for tenants. The property's convenient location places it in close proximity to the heart of downtown Roswell and various shopping amenities, ensuring high tenant demand and occupancy rates. A significant advantage is the recently replaced roof, eliminating immediate maintenance concerns and reducing future expenses for the new owner. The duplex also features plenty of rear parking, a valuable asset for tenants and a positive contributor to rental income. Priced at $169,000, this property represents a compelling investment opportunity for those seeking rental income in a desirable location. The property's strong fundamentals, coupled with its prime location and recent improvements, make it an attractive addition to any investment portfolio. This is a turnkey opportunity ready for immediate income generation.

Property profile

Verified
Property type Specialty properties
Year built 1942
UPID US61-0388152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply

Location

205 Kentucky Ave Roswell, NM 88203
Roswell metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 205 Kentucky Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message