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$360,000 For Sale

1101 Thru 1121 N. Prince
Clovis, NM 88101



Commercial: Commercial - MLS# 20192135
Property Photo
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Description

What a great investment! This is your opportunity to own a Half-a-Block (1.033 acres) of property that has 6-lots (50' x 150' each) and includes the houses on each lot. This high traffic location is zoned residential/commercial so it opens up the possibilities for a buyer. It could be used to put up a commercial business or continue to rent the homes. The owner is currently using it as investment property and has been renting the homes for several years. The rental income is a little over $4, 000 per month. These homes have a track record of continuous rental occupancy with the rent ranging from $500 to $750 per month. One tenant has been renting for over 2 years. Based on the current rent and occupancy an investor should be able to pay off the investment in 7 to 8 years.

Features

  • Access To Property: Driveway To City Street
  • Construction: Floor-Slab, Frame
  • County/Area: Curry County
  • Extras: A/C-Evaporative
  • Included: Building
  • Listing Office: Kathy Corn Realtors, Inc.
  • Listing Status: Active
  • Lot Land Size: 300 X 150 (6-Lots Each 50 X 150
  • Property Type: Commercial
  • Roof: Shingles
  • Sq Ft Source: Tax Assessor
  • Sub Type: Commercial
  • Utilities: Electricity, Sewer, Water-City, Cable
  • Year Built: 1945
  • Zip Code: 88101
  • Zoning: Commercial & Residential

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Kathy Corn

Qualifying Broker / Owner
Kathy Corn REALTORS®, Inc.
575-763-7253
homes@sellingclovis.com


Kathy Corn   |   Kathy Corn REALTORS, INC.   |   575-763-7253   |   homes@sellingclovis.com 
Copyright © 2016. Kathy Corn, All Rights Reserved

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