1. New Mexico
2. Las Cruces
3. 1855 Payne Street

1855 Payne Street, Las Cruces, NM 88001

• 4 beds |
• 2 baths |
• 1,863 sqft

Property Description

Turnkey Income Property with Value-Add Potential - 1855 Payne St | Las Cruces, NMLocated in the desirable University Hills neighborhood, just minutes from NMSU, shopping centers, schools, and hospitals, this well-maintained duplex offers a turnkey investment with strong current cash flow and room for upside. Each of the two units features 2 bedrooms and 1 full bathroom, with nearly identical layouts that provide both function and style for the occupants.The property is currently fully rented, bringing in $1,650 per month in rental income, with occupants paying all utilities separately. Each unit is individually metered and features its own driveway with street access, offering convenience. Inside, you'll find tile flooring throughout every room, granite kitchen countertops, wooden cabinetry, and a stone & tile backsplash in the bathroom that wraps into the tub/shower surround.Each unit includes its own laundry/utility room, adding convenience for tenants.

Listing Status:

Active

Listing Office:

BHGRE Steinborn & Associates : (575) 522-3698

Listing Agent:

Vincent Bufanio : (610) 392-3112

MLS ID:

2502353

Interior

• Kitchen: Tile FloorElectric CooktopGranite CountersElectric Rangetile backsplashwooden cabinets
• Dining: TileKitchen Combo
• Living Room: Tile
• Laundry: Utility Room
• Basement: None
• A/C: Evaporative Cooling
• Heating: Natural Gas
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Vincent Bufanio, BHGRE Steinborn & Associates