322 Moreno, Las Vegas, NM 87701

Completely updated three unit investment property less than a block away from the historic Las Vegas, New Mexico plaza! Currently pulling in about $5000 per month in rent! 1031 exchange accepted. Seller open to paying interest rate buy down with acceptable offer.

The main home at the front of the property has 3 bedrooms, 1 and 3/4 bathrooms, lots of closet space, a charming covered front porch, high ceilings, nichos, wood floors, granite countertops, stainless dishwasher, built in microwave, laundry room with front loading washer dryer, transom windows, ornate ceilings, large fenced yard, and mature perennials.

The upstairs studio apartment has granite counters, 3/4 bathroom, and a spacious deck with views of the plaza. The third unit is a stand alone home with a new covered portal, 2 bedrooms, full bathroom with stackable washer/dryer, granite counters, stainless dishwasher and fridge with bottom freezer drawer, built in microwave, completely fenced yard

, and a large enclosed room waiting to be finished in whatever way you like - rec room, large 3rd bedroom? Newer ProPanel roof, mini-splits, stucco, appliances, cabinets, etc. etc. Live in the front home and rent the other 2 out or rent out all 3 to continue with a hefty income.