1510 W Yucca Avenue Artesia, NM 88210
Listing Courtesy of: NEW MEXICO MLS / Harwell & Associates Real Estate

  1510 W Yucca Avenue Artesia, NM 88210

Pending
$299,000
3
BED
1
BATH
3,150
SQFT

Description

Excellent investment opportunity** in Artesia with this 100% fully occupied 4-unit multifamily property featuring one 1-bedroom, two 2-bedroom, and one 3-bedroom units, all equipped with mini-split HVAC systems and appliances that convey with the sale; Units have been recently updated with potential for further improvements, offering a strong combination of current income and long-term value-add opportunity; A shared covered patio by the front doors provides a comfortable seating area for tenants; **Listed below appraised value** this property offers immediate cash flow with below-market rents and room to raise rates; Landlord-paid utilities are limited to water, trash, and sewer, keeping operating costs low while tenants cover all other utilities; Property has been well maintained, making this a rare opportunity to acquire a solid investment in a stable rental market; Don't miss your chance to acquire a value-add asset in a steady rental market.

MLS #:
20252065
Taxes
$571(2024)
Lot Size
3,125 SQFT
Type
Single-Family Home
County
Eddy County
Community
Vaswood

Listed By

Karen Miller, Harwell & Associates Real Estate
Source
NEW MEXICO MLS
Last checked May 1 2025 at 4:28 AM GMT+0000
Bathroom Details
Interior Features
  • Free-Standing Range
  • Windows: Blinds/Shades
Subdivision
  • Vaswood
Property Features
  • Fireplace: 0
Exterior Features
  • Roof: Membrane
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Cable Available
School Information
  • Elementary School: Yucca
  • Middle School: Zia
  • High School: Artesia High School
Parking
  • No Garage
Stories
  • 1
Living Area
  • 3,150 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Disclaimer: Copyright 2025 New Mexico MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/30/25 21:28