What a great income investment opportunity or a family property! Two homes on 2.366 acres, with a third home to fix up into a large home or possibly 3 apartment units which received a new roof end of 2021, as well as Commercial highway frontage and yearly income from the billboard on the land near the highway! Approximately 3/4 mile prior to the exit to Holloman AFB, the Seller has enjoyed having the homes rented because they are so close to Base. Or, live in one and rent the other! One home is a 4 bedroom, 2 bath with two living areas. The other home is an adorable remodeled 1 bedroom, 1bath with a kitchen, dining and living room. Both homes received a new roof end of 2021 and mid 2022. Mini splits (refrigerated air and heat) for both homes. There is a $48,000 Solar array which will be paid off at closing, and a $12,000 Desalinization system for the well water. 2 water storage tanks as well. There is also a shed/workshop on the property. So much potential income here or wonderful family compound. Call now for a tour!
366 days
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349
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29
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Zillow last checked:
Listing updated:
Listed by:
Diana Stokes-Trunzo407-790-0722,
NM PREMIER REAL ESTATE, LLC575-437-9927
Source: OCMLS,MLS#: 171283
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 3
Rooms
Room types: Dining Room, Living Room, Den
Bathroom
Features: Tub and Shower
Heating
Has Heating (Unspecified Type)
Cooling
Has cooling: Yes
Appliances
Included: Dryer, Dishwasher, Microwave, Refrigerator, Electric Range/Oven, Free-Standing Range/Oven, Electric Cooktop, Washer, Electric Water Heater, Reverse Osmosis
Laundry: Electric Dryer Hookup, Washer Hookup
Features
Decor Concrete Countertop, Ceiling Fan(s)
Flooring: Partial Carpet
Interior area
Total structure area: 2,488
Total interior livable area: 2,488 sqft
Property
Parking
Parking features: No Carport, No Garage, RV Access/Parking
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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