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Property profile & analytics
OFF-MARKET
Commercial real estate

205 Kentucky Ave Roswell, NM 88203

Built 1942
Property ID
US61-0388152
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 Commercial real estate
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Avyan's Porta Potties Building Supply
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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