1040 N Mesilla Street #1-7, Las Cruces, NM 88005

Las Cruces
Local realty services provided by:Better Homes and Gardens Real Estate Steinborn & Associates
1040 N Mesilla Street #1-7,Las Cruces, NM 88005
$478,350
  • 13 Beds
  • 7 Baths
  • 4,640 sq. ft.
  • Multi-family
  • Active
Upcoming open houses
  • Sat, Mar 07
    10:00 am - 12:00 pm
Listed by: gary sandler
Office: gary sandler inc., realtors
MLS#:2600178
Source:NM_LCAR

Price summary

  • Price:$478,350
  • Price per sq. ft.:$103.09

About this home

PRIDE OF OWNERSHIP - This family-owned 7-unit complex near downtown Las Cruces has been impeccably maintained inside & out. With seldom a vacancy, this six 2 bedroom and one, 1 bedroom complex generates just under $50,000 in gross income annually, Plenty of on-site parking including individual enclosed carports. Additional amenities include separate meters, individual heat & air, an onsite coin-op laundry, upgraded flooring, and little to no deferred maintenance. Add in a cap in the neighborhood of 8.5% & you have an investment that's hard to beat.

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Home facts

  • Year built:1960
  • Listing ID #:2600178
  • Added:48 day(s) ago
  • Updated:March 07, 2026 at 10:47 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:7
  • Kitchen Description:Refrigerator
  • Living area:4,640 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Roof:Foam, Pitched
  • Year built:1960
  • Building area:4,640 sq. ft.
  • Lot area:0.47 Acres
  • Construction Materials:Block, Frame, Stucco

Finances and disclosures

  • Price:$478,350
  • Price per sq. ft.:$103.09

Features and amenities

  • Appliances:Refrigerator

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