1231 5th Street, Las Vegas, NM 87701 (MLS # 1099154)
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Rare opportunity to own a versatile income-producing property featuring two homes on a single lot. Perfectly suited for a savvy investor, this property offers an immediate and reliable cash flow with long-term tenants already in place who boast a stable and proven rental history. The primary residence and secondary unit combined offer approximately 1,500 sq. ft. of living space situated on a spacious 7,754 sq. ft. lot. Nestled in a quiet, well-established neighborhood, the property provides a serene setting that feels like a rural retreat while maintaining city convenience. Residents are within walking distance to local shops, restaurants, and the scenic Gallinas River and walking trails. Located near New Mexico Highlands University.
| DAYS ON MARKET | 13 | LAST UPDATED | 3/2/2026 |
|---|---|---|---|
| TRACT | Jose A & Aniceto Baca | YEAR BUILT | 1941 |
| COMMUNITY | 600 - San Miguel | COUNTY | San Miguel |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| AREA | 600 - San Miguel |
| CONSTRUCTION | Block, Brick, Frame |
| HEAT | Electric, Wall Furnace |
| INTERIOR | Ceiling Fan(s) |
| LOT | 7841 sq ft |
| STORIES | 2 |
| SUBDIVISION | Jose A & Aniceto Baca |
| TAXES | 2233.96 |
| UTILITIES | Natural Gas Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| ZONING | R-1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with HomeSmart Realty Pros
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