309 N Lake Street, Carlsbad, NM 88220

Carlsbad
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
309 N Lake Street,Carlsbad, NM 88220
$265,000
  • 3 Beds
  • 1 Baths
  • 1,300 sq. ft.
  • Single family
  • Active
Listed by: jerika parent, meagan carpenter
Office: century 21 dunagan associates
MLS#:20263298
Source:NM_RANM

Price summary

  • Price:$265,000
  • Price per sq. ft.:$203.85

About this home

Charming property with exceptional versatility and income potential in the heart of town. The main residence offers approximately 1 ,300 square feet of comfortable living space with 3 bedrooms and 1 bathroom, complemented by a detached 1-car garage. Situated at the rear of the property is a separate approximately 444-square-foot guest house featuring a loft area, private entrance, and convenient alley access with dedicated parking. Currently generating $2,450 in monthly rental income, with the main home leased at $1,500 per month and the rear unit at $950 per month, this property presents an attractive opportunity for investors seeking immediate cash flow. At the same time, its flexible layout makes it equally appealing for owner-occupants looking for additional rental income, guest accommodations, or multigenerational living options. The shared laundry area is in the garage for added convenience. Well-loved and full of character, this property offers a welcoming atmosphere,...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1950
  • Listing ID #:20263298
  • Added:1 day(s) ago
  • Updated:June 05, 2026 at 01:30 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Flooring:Carpet, Tile, Vinyl
  • Basement Description:Crawl Space
  • Living area:1,300 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air, Electric, Refrigerated
  • Heating:FORCED AIR
  • Central air:Yes

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1950
  • Building area:1,300 sq. ft.
  • Construction Materials:Frame, Stucco
  • Exterior Features:Deck, Patio
  • Levels:One

Utilities

  • Water:PUBLIC
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$265,000
  • Price per sq. ft.:$203.85
  • Tax amount:$1,743 (2026)

Features and amenities

  • Appliances:Electric Water Heater
  • Amenities:Audio/Video Surveillance, Ceiling Fan(s)

Parking

  • Total parking spaces:1
  • Parking description:Detached Garage
  • Garage:Yes
  • Garage spaces:1

New listings near 309 N Lake Street