Discover a prime investment opportunity with this property featuring two homes on a single 0.29-acre lot, located on the outskirts of Carlsbad, NM. Priced at $155,000, this deal is ideal for investors seeking potential rental income. The property includes a 3-bedroom, 1-bath home and a 2-bedroom, 1-bath home. Both homes are fixer-uppers, offering significant potential for those looking to invest in affordable housing with promising returns. Whether you're interested in creating a dual rental income stream or flipping for profit, this property is a great chance to invest in a growing area.
For sale
Price cut: $10K (4/23)
$120,000
5005 Bannister Rd, Carlsbad, NM 88220
5beds
2,768sqft
Est.:
Single Family Residence
Built in 1979
0.29 Acres Lot
$-- Zestimate®
$43/sqft
$-- HOA
What's special
- 148 days
- on Zillow |
- 657 |
- 22 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 02:36pm
Listed by:
Jared English 888-881-4118,
Congress Realty, Inc. 888-881-4118
Source: New Mexico MLS,MLS#: 20246832

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 2,768
- Total interior livable area: 2,768 sqft
Property
Parking
- Parking features: No Garage
Lot
- Size: 0.29 Acres
Details
- Parcel number: 4160132415010
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1979
Community & HOA
Community
- Subdivision: Otis
HOA
- Has HOA: No
Location
- Region: Carlsbad
Financial & listing details
- Price per square foot: $43/sqft
- Tax assessed value: $55,417
- Annual tax amount: $372
- Date on market: 11/29/2024
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