Income-generating duplex featuring two separate units totaling 1,880 sq ft. The main unit offers 1,306 sq ft with 2 bedrooms, 1 bathroom, and a bonus room located past the laundry room suitable for office, storage, or workspace. The larger unit also includes a generous partially finished basement for additional storage. The secondary unit provides 574 sq ft with 1 bedroom and 1 bathroom and is currently occupied with tenants. The property includes a long driveway accommodating parking for both units. Both units with recent and current rental history, with potential to benefit from modern updates. This property offers multiple investment strategies: maintain as a rental property with existing tenant income, use as owner-occupied investment by living in the larger unit while collecting rent from the smaller unit, or develop as a family compound. Located near restaurants and shopping for convenience, also walking distance to Highlands University - convenient for student tenants! Ready for buyer's updates and improvements to maximize potential. ***ALL OFFERS CONSIDERED***
Located in the heart of our Las Vegas, NM community is this historical Colonial Revival style home with a stunning alcove featuring a lovely ornate staircase. The main level of this home offers a spacious living room with fireplace, formal dining room, large kitchen with lots of wood cabinets, breakfast area, an office, laundry room, and a half bath. Upstairs is the main bedroom with a huge ensuite bath, plus 4 more bedrooms and a bath. There is an attached garage, a carport, and a full basement which houses the boiler for the hot water baseboard heating system, the water heater, and provides plenty of storage. Not so fast . . . there is a separate structure with 3 delightful one bedroom, 1 bath rental units, and a workshop/storage at the back of the 50' x 142.5' fenced lot. Finishing touches are the back covered deck, and the spacious front porch. Comfortable spacious living and income producing property located close to everything including the university and Carnegie Public Library. Call for details and to schedule a showing.
Investors!!!!! Here is an established apartment opportunity. There are 8 units, 1-studion, 5 - 1 bedroom units and 2 - 2 bedrooms units. All units fully rented. Location is close to New Mexico Highlands University, schools and shopping.
Zoned R2 + C2 on the West side of the Historic Plaza, Las Vegas, NM. Exceptional commercial and residential opportunity with 57 feet of glass retail display frontage, 5,000 sq. ft of retail space, and 5,000+ sq. ft. of finished residential all with big tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award; this prestigious and prominant adobe architectural achievement was built to its preeminent glory in 1870. It began as the 1st catholic church in Las Vegas, New Mexico in 1836 and was crowned "The Most civilized Object in the West. In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing a mercantile A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square foot building is comprised of three foot thick adobe walls and two stories(3 levels) in grandeur standing proud as one of the few two story adobe's in the whole state of New Mexico. Completely restored to its original distinction all while meeting all current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, and new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/-square foot residence with a gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3,000 additional square feet of beautifully finished interior living/ office spaces on the 2nd floor for office rental, art studio rental; multifamily use or develop into wine bar/restaurant/gallery/or more retail. 5,000 square feet of dedicated store front retail, on the ground level and 3,600 square feet of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hard wood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market. C2 + R2 zoning- all allowable uses are in uploaded docs
Las Vegas is located in New Mexico. Las Vegas, New Mexico has a population of 13,247. Las Vegas is less family-centric than the surrounding county with 15.27% of the households containing married families with children. The county average for households married with children is 16.98%.
The median household income in Las Vegas, New Mexico is $34,335. The median household income for the surrounding county is $36,492 compared to the national median of $69,021. The median age of people living in Las Vegas is 40.4 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 17.6 inches per year, with 30.3 inches of snow per year.
