801 E Third Street, Roswell, NM 88201

Roswell
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
801 E Third Street,Roswell, NM 88201
$715,000
  • 15 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tiffany green
Office: century 21 black gold
MLS#:20256766
Source:NM_RANM

Price summary

  • Price:$715,000

About this home

Exceptional multi-family investment opportunity!! This property features 5 triplexes for a total of 15 units all with a desirable 2 bedroom/1bath floor plan. All unit have attached carports with private laundry and storage rooms, a highly attractive amenity package for tenants. 12 of the 15 units are currently leased, providing instant income with plenty of upside. The property has been previously mismanaged, creating an excellent value-add opportunity for an investor ready to optimize operations. A couple of units are vacant and ready for remodeling, allowing you to update and lease at market rents quickly. Conveniently located just under a mile from Downtown Roswell with nearby shopping, this asset sits in an area with continued potential for improvements and long term growth. Whether you're looking to start your investment portfolio or expand with a value-add property, this is a unique opportunity with strong fundamentals and room to elevate performance.

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Home facts

  • Year built:1960
  • Listing ID #:20256766
  • Added:122 day(s) ago
  • Updated:April 03, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:15
  • Flooring:Tile
  • Kitchen Description:Free-Standing Range

Heating and cooling

  • Cooling:Central Air, Window unit(s)
  • Central air:Yes

Structure and exterior

  • Year built:1960
  • Lot area:1.39 Acres
  • Construction Materials:Stucco
  • Levels:One

Utilities

  • Water:Meters (Water Combined), Water-City
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$715,000
  • Tax amount:$3,533 (2024)

Features and amenities

  • Appliances:Free-Standing Range

Parking

  • Parking description:Covered

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