$695,237
$695,237
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10 Beds
7.75 Baths
2,223 SqFt
SOLD DATE : 12/11/2024
Key Details
Sold Price $695,237
Property Type Condo
Sub Type Apartment Building
Listing Status Sold
Purchase Type For Sale
Square Footage 2,223 sqft
Price per Sqft $312
Subdivision Coxs Third Subdivision
MLS Listing ID 2400478
Sold Date 12/11/24
Bedrooms 10
Originating Board lascruces
Year Built 1960
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions .25 to .50 AC
Property Description
950 & 954 Augustine: This renovated, 7 unit 2 lot property, is centrally located with a short 1 mile walk to the revitalized downtown area of Las Cruces where shops, eateries, and local breweries can be found. Comprised of 2 buildings in which one is a triplex and the other a quadplex, each building boasts reconditioned and updated units. Some of these updates in varying units include flooring, HVAC, appliances, water heaters, electrical upgrades, countertops, fixtures, and fresh exterior and interior paint. The Owner has left ample opportunity for value-add possibilities. Refrigerated air upgrades, fencing in yards, completing window replacements, and adding storage sheds are just a few of these opportunities. Take advantage of the opportunity to own this updated multi-unit complex with value-add potential that is centrally located in a town with an approximate housing shortage of 5,600 units. Measures of investment performance at list price of $695,237 and with average rent of $839
Location
State NM
County Dona Ana
Interior
Heating Gas, Forced Air
Cooling Evaporative Central, Refrigerated Central
Fireplace N
Appliance Range/Oven, Refrigerator
Exterior
Parking Features Paved Area, Street Parking
Fence Chain Link
Roof Type Pitched,Shingle
Building
Foundation Slab
Sewer City Sewer
Water City
Structure Type Block,Stucco,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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