Truth Or Consequences NM Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1930
Baths:
MLS#:
20246010

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1980
Baths:
MLS#:
20245835

ADDITIONAL INFORMATION

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1940
Baths:
3.00
MLS#:
20245291

ADDITIONAL INFORMATION

3 one bed room units, zoned for commercial use, pueblo revival, mostly 12 inch walls on exterior, metal roof, well maintained, big shade trees, most contents available for purchase, 16 x 10 storage shed

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
1
Lot size:
0.21 Acres
Year built:
1956
Baths:
4.00
MLS#:
20234242

ADDITIONAL INFORMATION

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.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2024 New Mexico MLS, Inc. MLS. All rights reserved.



Truth Or Consequences Real Estate

The median home value in Truth Or Consequences, NM is $51,500. This is lower than the county median home value of $140,200. The national median home value is $338,100. The average price of homes sold in Truth Or Consequences, NM is $51,500. Approximately 50.04% of Truth Or Consequences homes are owned, compared to 22.96% rented, while 27% are vacant. Truth Or Consequences real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Truth Or Consequences real estate agent to arrange a tour today!

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.

Truth Or Consequences Weather

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.

Truth Or Consequences Real Estate Market Conditions

  • Median sales price

    $51,500
    12.5% change since last quarter
  • # Active listings

    64
    30-day change

Truth Or Consequences Schools and Demographics

Education near Truth Or Consequences, NM

Metric City County
High School Graduates 87.63 89.53
College Degree - 2 year 10.36 9.94
College Degree - 4 year 22.05 19.79
Graduate Degree 7.88 6.44
Expenditures per Student 14,048 14,048
Students per Teacher 14.5 14.5

Elementary Schools near Truth Or Consequences, NM

School Grades Students P/T Ratio ZIP
Arrey Elementary School PK - 05 122 12.2 87930
Garfield Elementary School KG - 05 140 11.6 87936
Hatch Valley Elementary School PK - 02 238 17 87937
Rio Grande Elementary School 03 - 05 229 17.6 87937
San Lorenzo Elementary School PK - 06 63 9 88041
T Or C Elementary School PK - 03 435 16.6 87901

Middle Schools near Truth Or Consequences, NM

School Grades Students P/T Ratio ZIP
Hatch Valley Middle School 06 - 08 303 15.1 87937
Sierra Elementary School 04 - 05 172 17.8 87901
T Or C Middle School 06 - 08 298 15.6 87901

High Schools near Truth Or Consequences, NM

School Grades Students P/T Ratio ZIP
Hatch Valley High School 09 - 12 385 17.4 87937
Hot Springs High School 09 - 12 361 14.6 87901

Demographics near Truth Or Consequences, NM

Metric City County
Neighborhood Type Small Town
Population 6,078 11,512
Population Density 217 3
Median Age 43.7 55.3
People per Household 2.2 2.1
Median Household Income 28,837 35,939
Average Income per Capita 24,501 26,735