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!
Pending
$179,000
110 E 2nd Ave, Truth Or Consequences, NM 87901
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Cozy studio apartments
- 194 days
- on Zillow |
- 111 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 09:39am
Listed by:
Kaitlin Garcia 575-740-3146,
Better Homes & Gardens Real Estate / Steinborn & Associates 575-522-3698
Source: New Mexico MLS,MLS#: 20246010

Travel times
Facts & features
Interior
Features
- Has fireplace: No
Property
Lot
- Size: 8,276.4 Square Feet
Details
- Parcel number: 3022078090386
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block
Condition
- Year built: 1930
Community & HOA
HOA
- Has HOA: No
Location
- Region: Truth Or Consequences
Financial & listing details
- Tax assessed value: $148,002
- Annual tax amount: $1,416
- Date on market: 10/14/2024
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