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Property profile & analytics
OFF-MARKET
Specialty properties

701 Sheldon St Clovis, NM 88101

Built 1917
Property ID
US61-0416187
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming two-unit property located at 701 Sheldon Street in Clovis, New Mexico, zip code 88101. Situated on a substantial 26,136 square foot lot, this special purpose property offers significant potential for a savvy investor. Built in 1917, the property comprises two separate residential units. The front unit boasts three bedrooms and one bathroom, while the rear unit features two bedrooms and one bathroom. The asking price is $59,900. This property presents a unique chance to capitalize on the growing real estate market in Clovis. With some renovation and creative vision, this property could be transformed into a highly profitable rental investment or a unique multi-family residence. The substantial lot size also allows for future expansion or development possibilities. The property's location in Curry County offers easy access to local amenities and services. This is a rare opportunity to acquire a well-located, multi-unit property at an attractive price point. Don't miss out on this chance to add a valuable asset to your portfolio. The property is ready for a new owner to bring their vision to life and unlock its full potential.

Property profile
Verified
Property type Specialty properties
Year built 1917
UPID US61-0416187
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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