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1101 thru 1121 N Prince Street, Clovis, New Mexico

$305,000Active

1101 thru 1121 N Prince Street, Clovis, New Mexico 88101
ELITE CLOVIS REALTY - MLS® ID: 20174914

Property Details

1101 thru 1121 N Prince Street, Clovis, New Mexico 88101 - Looking for a high traffic location that would be excellent for Commercial use? Or may be you're considering Investment Rental Properties? This property on North Prince Street covers a 1/2 block (1.033 acres). Owner wants to sell the entire half (1/2) block but would consider splitting up into two quarter (1/4 blocks). Property includes 6-homes (1101 N Prince thru 1121 N Prince). The owner has been renting these 6-homes for several years and is currently receiving a little over $4,000 per month in rental income. These homes have a great track record of continuous rental occupancy each month, ranging from $500 to $750 per month, with one tenant having rented for 20 years. Based on current rent an investor should be able to have an estimated 7 to 8-year pay off on the investment.

Amenities

  • Zip88101
  • CountyCurry
  • StatusActive
  • Purchase TypeActive
  • Property typeCommercial
  • Year built1945
  • Lot size150 x 300
  • Tax amount$0.00
  • Tax year2016
  • Office ID418
  • Agent nameNICK BRADY
  • MLS® ID20174914

Broker: ELITE CLOVIS REALTY

Listing Courtesy of ELITE CLOVIS REALTY

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