801 E Third Street Roswell, NM 88201
Listing Courtesy of: NEW MEXICO MLS / Century 21 Black Gold / Tiffany Green

  801 E Third Street Roswell, NM 88201

Active
$715,000 (USD)

Description

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.

MLS #:
20256766
Taxes
$3,534(2024)
Lot Size
1.39 acres
Type
Multifamily
Year Built
1960
County
Chaves County

Listed By

Tiffany Green, Century 21 Black Gold
Source
NEW MEXICO MLS
Last checked Dec 19 2025 at 7:58 PM GMT+0000
Bathroom Details
Interior Features
  • Free-Standing Range
Heating and Cooling
  • Central Air
  • Window Unit(s)
Flooring
  • Tile
Utility Information
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Parking
  • Covered
Stories
  • 1
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by C21 Black Gold and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 New Mexico MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/19/25 11:58