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    1800 S Santa Monica St

    Deming, NM 88030
    • $650,000
    • STATUS: Active
    • ON SITE: 664 days
    • MLS #: 20185496
    UPDATED: 215 min ago
    $650,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,342
      SQFT
    • $70
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    Excellent 12-unit turnkey investment property, located near shopping, schools, parks and so much more. Property consists of 12-two bedroom 1 bath apartments, full kitchens front and back door access; 1st floor units include small backyard area, 2nd floor units include both front and back covered areas. Laundry room includes 2 coin operated washers and dryers. Excellent rental returns and easy to lease. Tenants pay own electricity, water and sewer. Owner pays landscaping water, trash and electricity for security lighting and utilities for laundry room. Years of consistent full occupancy. Many units have been remodeled and new roof as of 2020. Financial information will be provided to qualified investors upon accepted offer with Financial Information Review Contingency. *** DO NOT DISTURB TENANTS ***

    Monthly Payment Calculator

    © 2020 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2020-09-29T00:15:06.553.

    This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
    www.raftercrossrealty.com/homes/89846359
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    1800 S Santa Monica St Deming, NM 88030

    • Price: $650,000
    • Status: Active
    • Updated: 215 min ago
    • MLS #: 20185496
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    9,342
    SQFT
    $70
    $/SQFT
    1970
    Built
    Neighborhood:
    Deming
    County:
    Luna
    Area:
    Deming
    Property Description
    Excellent 12-unit turnkey investment property, located near shopping, schools, parks and so much more. Property consists of 12-two bedroom 1 bath apartments, full kitchens front and back door access; 1st floor units include small backyard area, 2nd floor units include both front and back covered areas. Laundry room includes 2 coin operated washers and dryers. Excellent rental returns and easy to lease. Tenants pay own electricity, water and sewer. Owner pays landscaping water, trash and electricity for security lighting and utilities for laundry room. Years of consistent full occupancy. Many units have been remodeled and new roof as of 2020. Financial information will be provided to qualified investors upon accepted offer with Financial Information Review Contingency. *** DO NOT DISTURB TENANTS ***
    Exterior Features

    Construction FrameStucco Landscaping SouthwestXeriscape Outside Inclusions FenceSidewalk Roof ElastomericFlat Style 2 Story

    Interior Features

    2 Bed Baths 12 Air Conditioning EvaporativeForced Central Air Appliances Include Garbage DisposalRange HoodRange-Free StandingRefrigerator Floor Coverings CarpetVinyl Heat Central Forced AirGas Inside Inclusions Ceiling FanPantry Laundry YN Yes

    Property Features

    Court Approval No Documentation Apod Available Extras FencedLandscapedLaundry-CentralYardGuest Parking Home Owner Association No Internet YN Yes Lot Land Size 30175.2 Meters Electric SeparateGas SeparateWater Separate Multifamily Type Multi Unit 5+ Owner Financing No Paid By Owner GarbageOther Property Disclosure No Public Improvement Dist No Reo Bank Owned No Sale Or Rent For Sale Short Sale No Sq Ft Source Assessor Tax Year 2018 Terms Of Sale 1031 ExchangeCashConventional Third Party Approval No Utilities ElectricityNatural GasSewerWater-CityGarbageCable Utility Bills Available Yes Water Mineral Other Rights No

    Listing courtesy of United Country Downtown Real Estate.
    © 2020 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of the New Mexico MLS. Real Estate listings held by brokers other than Rafter Cross Realty are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2020-09-29T00:15:06.553.

    This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
     
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    Rafter Cross Realty
    822 South Main Street, P.O. Box 8
    Lovington NM, 88260