801 E Third Street, Roswell, NM 88201

Local realty services provided by:CENTURY 21 Dunagan Associates
801 E Third Street,Roswell, NM 88201
$715,000
  • 15 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:20256766
Source:NM_RANM

Price summary

  • Price:$715,000

About this home

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 located just under a mile from 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 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:13 day(s) ago
  • Updated:December 15, 2025 at 04:56 PM

Rooms and interior

  • Bedrooms:15

Heating and cooling

  • Cooling:Central Air, Window unit(s)

Structure and exterior

  • Year built:1960
  • Lot area:1.39 Acres

Utilities

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

Finances and disclosures

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