1. New Mexico
  2. Las Cruces
  3. 1235 E Hernandez Road
$299,500

1235 E Hernandez Road, Las Cruces, NM 88001

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Investor opportunity in central Las Cruces, priced at just $299,500--that's under $60K per unit and only $115/sqft for the building! This 5-unit multifamily property offers 60 feet of street frontage, easy access to the main road, and a minimum 6-car parking area. Totaling 2,590 sqft on an 8,712 sqft lot ($34/sqft land value), the layout includes four 2 bed/1 bath units and one 1 bed/1 bath unit. Constructed with durable brick exterior walls, concrete slab foundation, and equipped with city sewer, water, electric. In addition, the gas utilities can be billed to each unit. All units feature tile floors throughout every room. Property is in fair condition and ready for improvements, making it ideal for value-add investors. Located in the Loma Heights neighborhood near Apodaca Park, schools, shops, dining, and key thoroughfares. This area supports strong rental demand and long-term growth. Don't miss out on this opportunity -- priced to sell, act fast!

Listing Status:
Active
Listing Office:
BHGRE Steinborn & Associates : (575) 522-3698
Listing Agent:
Vincent Bufanio : (610) 392-3112
MLS ID:
2502399
  • A/C: Evaporative Cooling
  • Heating: Natural Gas

This listing courtesy of Vincent Bufanio, BHGRE Steinborn & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Loma Heights Elementary School

1600 E Madrid Ave, Las Cruces, NM, 88001

Grades PK-5

0.25 miles away

S

Sierra Middle School

1700 Spruce Ave, Las Cruces, NM, 88001

Grades 6-8

0.77 miles away

M

Mayfield High School

1955 N Valley Dr, Las Cruces, NM, 88007

Grades 9-12

1.89 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

405 Palm Avenue, Las Cruces, NM 88001
Multi-Family Home For Sale

$269,000

  • 2 bed |
  • 2 bath |
  • 960 sqft |
  • 6,970 sqft lot
405 Palm Avenue Las Cruces, NM 88001

#2501407 - Rethink Real Estate, LLC