108 Service Rd, Ruidoso, NM 88345
- $349,000
- 6
- BD
- 3
- BA
- 2,769
- SqFt
- List Price
- $349,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 41
- MLS#
- 134525
- Subtype
- Residential
- Style
- Other
- Year Built
- 1943
- Bedrooms
- 6
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,769
- Acres
- 0.17
- Subdivision
- Palmer Gateway
- MLS Area Major
- Ruidoso
Property Description
Turn-key income opportunity in the cool pines! This renovated, well-kept triplex features three 2-bedroom, 1-bathroom units, each thoughtfully updated and currently occupied by full-time, paying tenants, so your cash flow starts on Day 1. Tucked into a quiet neighborhood with quick access to Ruidoso's hospital complex and more, the property has updated plumbing, electrical, framing, painting, and more. Each unit is low-maintenance and appealing to long-term renters in a town where long-term rentals are very hard to find. Whether you're expanding your portfolio or making your first investment, this triplex delivers reliable returns with none of the renovation legwork. Three units, one roof, zero vacancy = a rare chance to own an established income stream in a bustling tourist town.
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Additional Information
- Exterior Features
- Balcony
- Taxes
- $3,518
- Property Description
- Other
- Zoning
- C2
- Appliances
- Dryer, Gas Oven, Gas Range, Refrigerator, Washer
- Heating
- Central, Natural Gas
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Parking Features
- Paved, Parking Lot
- View
- Trees/Woods
Mortgage Calculator
Listing courtesy of Listing Agent: Leroy Smith (leroy@ruidosolife.com) from Listing Office: Fathom Realty NM.