701 Sheldon St, Clovis, NM 88101
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.