Address
509 W Avenue I Avenue, Lovington, NM
Price
$ 415,000
Property Attributes
  • MLS#20233609
  • TypeMulti-Family
  • CountyLEA
  • CityLovington
  • AreaNew Mexico Mls
  • Zip88260
  • StyleMulti Unit 5+
  • Year Built1950
  • Taxes$ 4421
  • Price$ 415,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
Data Source:
New Mexico MLS (NMMLS)
Property Description

Looking for an investment opportunity? Look no further! This recently updated 5 total unit complex is a perfect opportunity. (2 duplexes and one 2 bedroom home) All 5 units have recently been updated with new flooring, windows, kitchen cabinets, appliances, paint and updated bathrooms. Each unit has 2 bedrooms and 1 bathroom and are spacious and laid out well. All units are occupied. Call today to schedule a showing for your next investment.

Price History
7/13/2023 Listed $425,000
11/4/2023 3% - $415,000

General Features

Heating Electric,Forced Air
Cooling Electric,Central Air,Refrigerated
Utilities Electricity Connected,Sewer Connected
Roof Flat,Pitched
Appliances Free-Standing Range,Refrigerator
Construction Materials Adobe
Year Built 1950
Property SubType Multi Unit 5+
County Lea County
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Garage Y/N No
Status Active
City Lovington
Buyer Agent Compensation 2%
Senior Community Y/N No
Total Units 5
MLS Area New Mexico Mls
Waterfront Y/N No
Carport Y/N No
Street Name Avenue I
Property Attached Y/N No
Tax Annual Amount 4421
Lease Considered Y/N No
Standard Status Active

Interior Features

Flooring Carpet,Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Avenue
Total Bedrooms 2
Total Baths 1
Living Area Units Square Feet

Exterior Features

Lot Features Irregular Lot
Water Source Water-City
Spa No
Open Parking Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 88260

Price
AVG $420K
$420K
Taxes
AVG $4,421
$4,421
Visits
AVG 33
32
Data Provided by Inside Real Estate®
Year Built
AVG 1950
1950
Walkscore
AVG 46
46
Data Provided by Walkscore® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.