22nd Street Duplex
314 & 316 E 22nd Street
Silver City, NM
Exclusive Offer: 22nd Street Duplex with Seller Financing
Unlock the door to a lucrative investment with our 22nd Street Duplex, priced at an accessible $349,000. Experience the ease of securing this property through seller financing, requiring just 30% down. This attractive option paves the way for investors to step into the real estate market or expand their portfolio with minimal initial capital.
Generating a gross monthly rent of $1,900, this duplex serves as a beacon of steady income, offering a gross annual income of $22,800. It's not just a property; it's a continuous revenue stream with a history of long-term tenant occupancy. The figures are impressive, with the investment yielding a strong return and the promise of a favorable cap rate.
Positioned in a sought-after location in Silver City, New Mexico, and accompanied by enticing financial terms, the 22nd Street Duplex is more than an investment—it's a gateway to financial growth and stability.
Key Investment Insights:
Asking Price: $349,000
Monthly Income: $1,900
Annual Gross Income: $22,800
Configuration: 4 Bedrooms, 2 Bathrooms
FOR SALE BY OWNER
Asking Price: $349,000
Unit 1:
2 Bed - 1 Bath
938 SQFT - $950 Monthly
Unit 2:
2 Bed - 1 bath
938 SQFT - $950 Monthly
HEATED AREA: 1,876 SQFT
HEATING: FORCED AIR FURNACES
COOLING: WINDOW A/C UNITS
ROOF: SHINGLES
UTILITIES: CITY WATER, CITY SEWER, NATURAL GAS
CONSTRUCTION: BLOCK, FRAME
OCCUPANT: TENANTS
ZONING: SILVER CITY - RES A
EXTRAS: DETACHED GARAGES
WASHER & DRYER INCLUDED
BEAUTIFUL WOOD FLOORS
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