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Property profile & analytics
OFF-MARKET
Specialty properties

800 Richardson Ave Roswell, NM 88201

Built 1949
Property ID
US61-0289948
Property summary
AI-generated overview

This exceptional investment opportunity presents a rare find in the heart of Roswell, New Mexico. The property, located at 800 N Richardson Avenue, comprises two distinct units on a spacious 12,420 square foot lot. The main unit, a stunning 3,232 square foot residence, boasts five bedrooms and three and a half bathrooms. Recently updated and remodeled, it features two versatile bonus rooms ideal for home offices or additional bedrooms. Significant improvements include a new roof installed in 2024 and a complete HVAC system replacement in 2019. Its size and amenities make it perfect for a primary residence or a high-demand Airbnb. The second unit offers two separate one-bedroom, one-bathroom apartments. The lower apartment is fully remodeled and equipped with its own independent electrical and water meters. The upper apartment has completed plumbing and electrical work, requiring only finishing touches for occupancy. This property, built in 1949, presents a compelling blend of classic charm and modern updates, offering strong potential for rental income and appreciation. The asking price is $395,000. This is a unique chance to acquire a well-maintained, multi-unit property in a desirable Roswell location. Don't miss this chance to add a valuable asset to your portfolio.

Property profile
Verified
Property type Specialty properties
Year built 1949
UPID US61-0289948
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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