Welcome to your next investment opportunity in the charming town of Truth or Consequences! This multi-family property is a gem waiting to be discovered, featuring six cozy studio apartments that are perfect for those seeking a simple, low-maintenance lifestyle. Imagine owning a piece of real estate near the famous hot springs that put this quirky New Mexico town on the map. Your future tenants will love the convenience of being just a stone's throw away from these natural wonders. Each of the six studio apartments comes with its own bathroom, ensuring privacy and comfort for all residents. Plus, with six units under one roof, you'll have multiple streams of rental income flowing in faster than you can say "Truth or Consequences" three times fast! The property's location is a major selling point. Besides the nearby hot springs, tenants will have easy access to local attractions, shops, and restaurants. They can explore the downtown area, check out the Geronimo Springs Museum, or take a short drive to Elephant Butte Lake State Park for some outdoor fun. As a new listing, this multi-family property won't stay on the market for long. It's a fantastic opportunity for investors looking to dip their toes (pun intended) into the world of rental properties. So why wait? Take the plunge and make this hot property yours before someone else does!
3 one bed room units, zoned for commercial use, pueblo revival, mostly 12 inch walls on exterior, metal roof, well maintained, big shade trees, 16 x 10 storage shed
Very unique, beautiful property in Cuchillo, New Mexicoonly12 minutes from Truth or Consequences, convenient living with a chance to run a small farm in addition to having animals including horses plus plenty of room to park all of your toys! If you're looking for a multi-unit property, this is it, there are three houses on the property. One is a Fixer upper! This property has an irrigation well along with the domestic well! Plus, property is fenced 2 ways; all three homes are fenced completely and independently of the Farm acreage in fence AND the farmland has 8' deer proof fence around it. Enjoy the usage of the outbuildings, the barn, the small shop corrals for the animals. Plenty of space with so much opportunity to make this a retreat or a Homestead for multiple families or a chance to live in one and use the others as investment opportunities. The sky's the limit. *Includes 662, 668, 672 Highway 52.*Duplicate listing of mlis#2400634., 2301180
Great opportunity investment opportunity! 423 Marr Truth or Consequences, NM A 4 unit in the hot water district that is its own private get away and sanctuary. With two different hot tub's that guest can soak in the hot mineral water, one patio plus entire property landscaped with wide variety of plants, trees etc . It's complete greenery to make you feel like you have escaped, this place has charm charm charm! Many updates. Conveniently located downtown Truth or Consequences. It's a great investment opportunity, and or would be amazing for someone to be able to live in it, and rent out other units either Airbnb, short term or long term this is a one of a kind property !!! $599,000.
Truth Or Consequences is located in New Mexico. Truth Or Consequences, New Mexico has a population of 6,078. Truth Or Consequences is more family-centric than the surrounding county with 20.58% of the households containing married families with children. The county average for households married with children is 13.33%.
The median household income in Truth Or Consequences, New Mexico is $28,837. The median household income for the surrounding county is $35,939 compared to the national median of $69,021. The median age of people living in Truth Or Consequences is 43.7 years.
The average high temperature in July is 94.6 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 11 inches per year, with 3.2 inches of snow per year.
