1098 E Riverside Drive Truth or Consequences, NM ^$ 350,000

1098 E Riverside Drive

^$ 350,000

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1098 E Riverside Drive

Truth or Consequences, NM, 87901

^$ 350,000

Bedrooms1 Baths1.0 Sq 3,472

Monthly Estimate*

^$ 2,445

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Multi-Family Home for sale in Truth or Consequences, NM

for $350,000 with 1 bedroom and 1 full bath. This 3,472 square foot home was built in 1950 on a lot size of 0.55.

6 rental units, 5 studios and 1 - 1516 sq ft house with 2 bedrooms. House was recently painted, laundry on site for tenant use. there is an additional lot in the back where you could possibly build additional units. This property is close to downtown Truth or Consequences.

Multi-Family Active

Price

^$ 350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,640

Style

MultiFamily

Lot Size

0.55

Year Built

1950

Town/City

Truth or Consequences

County/Region

Sierra

MLS | Web ID

1037167

Features

General

Interior Features CeilingFans

Heating Ductless WallFurnace

Cooling Refrigerated WindowUnits CeilingFans

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances Dryer FreeStandingGasRange Refrigerator Washer

Construction Materials Block

Year Built 1950

Electric None

Stories 1

Levels One

Property SubType MultiFamily

County Sierra

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Active

Directions Interstate 25 to Williamsburg exit 75 to Broadway take Broadway to E Riverside. Property will be on your left.

City Truth or Consequences

Buyer Agent Compensation 3%

Disclosures LeadBasedPaintDisclosure RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-2

Total Units 6

MLS Area 610 - Sierra

Lot Size Square Feet 23958.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Riverside

Listing Terms Cash Conventional

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1640.39

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 66

Builder Name Unknown

Standard Status Active

Interior

Flooring Laminate Tile Vinyl Wood

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Drive

Total Bedrooms 1

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 4

Spa N

Building Area Total 3472.0

Lot Size Acres 0.55

Lot Size Source Estimated

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Matthew Romero

Listing Agent

45 Realty

Broker

nm45Realty@gmail.com

Affordability Calculator

$2,582

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $137
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Truth or Consequences, NM

Average List Price ^$362,250

Percent of Sale Price 3%

About Truth or Consequences, NM

6,191 Population

-16% Since 2002

^$28,369 Median Income

52.65 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/30/2023	$350,000		Listed Price

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1098 E Riverside Drive, Truth or Consequences, NM, 87901 is a Multi-Family Home for sale at $350,000 with 3,472 sqft and a lot size of 0.55. 1098 E Riverside Drive has 1 bedrooms, 1.0 baths, and was built in 1950. The property's zip code is 87901 which is in Truth or Consequences, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/9/2024.

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1098 E Riverside Drive

Multi-Family Home for sale in Truth or Consequences, NM

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