124 W. Rankin

Tucumcari, NM

$120,000

New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group New Mexico Property Group
 

Information about this property

Location: This property is located on a large multi-unit lot with mature trees; five structures that host a total of 2 houses, a duplex, and 4 upper level single room apartments and one down stairs efficiently apartment for a total of 9 rentals and 8 individual garage units and a shared laundry room all on a corner lot.

Main residence: This main residence at 124 W. Rankin has 2 bedrooms, 1 ¾  baths, a laundry room at the back door, heated basement, secondary laundry room, a sitting room at the front entrance with a fireplace and lots of storage, a side entrance off the back bedroom and a small fenced dog run next to the private driveway.

Second unit: The unit at 1006 S. 3rd Street is located above the main 2-car garage. The unit has its own entrance, a foyer with a built in bookshelf, large living area, 1 bedroom and 1 full bath and a kitchen, dining room combination.

third unit: 1008 S. 3rd is located on the back corner of the lot. It has two front garage units and four back garage units. A shared laundry room, one efficiency apartment, and three spacious upper level 1-bedroom, 1-bath apartments with kitchenettes, window A/C units and sturdy metal staircases.

Duplex unit: The Duplex unit at 1010 & 1012 S. Third Street are spacious with separate living, dining and kitchen areas, front and side entrances with one bedroom and one bath in each unit.

fourth unit: 122 W. Rankin is part of a life estate to be up-held by the new owners. This home is 2-bedroom, 1-bath, has central heating and air, with front and rear entrances. This is currently the only occupied unit but with a little elbow grease, this property has GREAT INCOME potential!