SearchLas Cruces › 506 E May Avenue
506 E May Avenue photo Active
$600,000
506 E May Avenue, Las Cruces, NM 88001
0Beds
0Baths
0Sqft
0.39Acres

About this home

SubdivisionLas Cruces Heights
TypeMixed Use
CoolingEvaporative Cooling
HeatingForced Air
FlooringCarpet, Ceramic Tile
RoofFlat, Tar/Gravel
ConstructionStucco
JUST LISTED!PRIME DOWNTOWN LAS CRUCES, NM INVESTMENT OPPORTUNITY. NEWLY REMODELED.Unlock the kind of potential investors chase but rarely find. This mixed-use gem sits just steps from the vibrant, fast-growing heart of Downtown Las Cruces, surrounded by thriving restaurants, breweries, boutiques, and year-round foot traffic.Property features include: One 3-bedroom rental unit, perfect for strong long-term cash flow Five 1-bedroom, 1-bath apartments, high-demand, low-vacancy, and always rentable A+ location in a revitalized corridor Endless upside with value-add improvements, short-term rental options, or re-imagined urban living spacesWhether you're a seasoned investor or looking to expand your portfolio with a downtown property that actually performs, this is the moment. Opportunities in this location do not sit long. High demand. High visibility. This is the one worth moving on. Let's make it yours.Purchase subject to existing leases on all 6 units.
Listing courtesy of Berkshire Hathaway Homeservices - NM Properties · MLS# LCN2503612 · Status: Active
Listing information provided by Southern New Mexico MLS via MLS Grid. Information is deemed reliable but not guaranteed and should be independently verified. Properties are subject to prior sale or withdrawal. Aerial imagery is from Esri World Imagery and is not part of the MLS listing.
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