801 E Third Street
Roswell, NM 88201
15
Bed
0
Bath
1.39Acres(Lot)
Exceptional multi-family investment opportunity!! This property features five triplexes for a total of 15 units, all with a desirable 2 bedroom / 1 bath floor plan. All units offer 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 near Downtown Roswell with nearby shopping, this asset sits in an area with continued potential for improvement and long-term growth. Whether you're looking to st
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 15 -
Flooring Information
Tile -
Interior Features
Appliances: Free-Standing Range -
Heating & Cooling
Heating: None Has Cooling: Yes Cooling: Central Air, Window Unit(s)
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Building Information
Year Built: 1960 Construction Materials: Stucco Stories: 1 Private Pool: No
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Lot Information
Main Square Feet: 1.39 Acres Lot Size Acres: 1.39 Lot Size Square Feet: 60548.4
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Listing Price Information
Listing Price: $715000 Cash, Conventional, 1031 Exchange
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Tax Information
Parcel Number: See associated docs Tax Year: 2024 Annual Tax: $3533.8 Tax Legal Desc: Subd: VISTA VERDE REDIV AMEND Block:1 Lot 1, 2, 3, 4, & 5.
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Parking Information
Covered
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Utility Information
Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Llauds Road, Roswell, NM, 88201 | $400,000 | -- | -- | -- | |
| 0000 N Sycamore Avenue, Roswell, NM, 88201 | $500,000 | -- | -- | -- | |
| 2909 Mc Pherson Road, Roswell, NM, 88201 | $925,000 | 5 | 5 | 4,603 | 4,603 SqFt |
| 6214 Old Clovis Highway, Roswell, NM, 88201 | $264,900 | 3 | 2 | 1,200 | 1,200 SqFt |
| 2006 Isler Road, Roswell, NM, 88201 | $82,500 | 3 | 2 | 1,216 | 1,216 SqFt |
| 411 Tierra Berrenda Drive, Roswell, NM, 88201 | $315,000 | 3 | 3 | 2,778 | 2,778 SqFt |
| 1306 E Country Road, Roswell, NM, 88201 | $154,900 | 3 | 1 | 1,036 | 1,036 SqFt |
| 10 Bella Piazza Way, Roswell, NM, 88201 | $372,900 | 3 | 3 | 1,966 | 1,966 SqFt |
| 122 North Wind Loop, Roswell, NM, 88201 | $350,000 | 4 | 2 | 2,438 | 2,438 SqFt |
| 1105 Elm Drive, Roswell, NM, 88201 | $325,000 | 3 | 2 | 2,025 | 2,025 SqFt |
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ByOwner last updated this listing 06/10/2026 @ 09:31
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