About This Home
This 5-bedroom, 5-bathroom residential multi family at 101 Lynx Ave #103 Lynx Ave in Cloudcroft, NM is listed for $395,000 ($224 per sqft). Built in 1950, the home offers 1,760 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1950
- 0.12 acre lot
- Fireplace
Property Details
Amenities
Exceptional investment opportunity featuring 2 duplexes on 1 property with a total of 5 bedrooms and 5 bathrooms, offering proven income potential and success as short-term rentals. Whether you're looking to expand your investment portfolio, house flip, or generate passive income, this unique property delivers versatility and cash flow.
Each unit offers comfortable living spaces designed to accommodate guests and long-term tenants alike. The property's flexible layout allows for multiple rental strategies, maximizing occupancy and revenue potential. Guests and residents will appreciate the spacious accommodations, privacy, and convenient to town location.
With a strong short-term rental history, this turnkey investment is ready for its next owner. Live in one unit while renting the others, operate all units as income-producing rentals, or capitalize on the growing demand for vacation accommodations. Don't miss this rare opportunity to own a multi-unit property in beautiful Cloudcroft! Schedule your showing today and discover the possibilities this unique investment has to offer.
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 Lynx Ave #103 Lynx Ave
Cloudcroft, NM 88317
Features & Amenities
Interior Features
Exterior Features
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 5-bathroom residential multi family at 101 Lynx Ave is listed at $395,000 ($224/sqft). The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.12 acre lot, Fireplace. Interior Features: FLOORING, FIREPLC, LIV RM. Exterior Features: Corner Lot, BASKETBALL CRT-COMMUNITY, TENNIS CRT-COMMUNITY.
This property is listed by MEREDITH SHEPHERD and can be reached at 7132139105.