309 N Lake St, Carlsbad, NM 88220

Carlsbad
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
309 N Lake St,Carlsbad, NM 88220
$255,000
  • 3 Beds
  • 1 Baths
  • 1,300 sq. ft.
  • Single family
  • Active
Listed by: jerika parent
Office: century 21 dunagan associates
MLS#:20263298
Source:NM_RANM

Price summary

  • Price:$255,000
  • Price per sq. ft.:$196.15

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,...

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Home facts

  • Year built:1950
  • Subdivision & Development:Lowe
  • Listing ID #:20263298
  • Added:61 day(s) ago
  • Updated:August 05, 2026 at 02:48 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Central Air, Refrigerated
  • Heating:FORCED AIR
  • Central air:Yes

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1950
  • Building area:1,300 sq. ft.
  • Lot area:0.17 Acres
  • Construction Materials:Frame, Stucco
  • Exterior Features:Deck, Patio

Schools

  • High school:None/Other
  • Middle school:None/Other
  • Elementary school:None/Other

Utilities

  • Water:PUBLIC

Finances and disclosures

  • Price:$255,000
  • Price per sq. ft.:$196.15
  • Tax amount:$1,744

Features and amenities

  • Amenities:Audio/Video Surveillance, Ceiling Fan(s), ext_feat_Deck, ext_feat_Patio

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1

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