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5005 Bannister Road

Carlsbad, NM 88220
  • $130,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 20246832
UPDATED: 41 min ago
$130,000
  • 5
    BEDS
  • 0.29
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,768
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1979
County:
Area:

School Ratings & Info

Description

Discover a prime investment opportunity with this property featuring two homes on a single 0.29-acre lot, located on the outskirts of Carlsbad, NM. Priced at $155,000, this deal is ideal for investors seeking potential rental income. The property includes a 3-bedroom, 1-bath home and a 2-bedroom, 1-bath home. Both homes are fixer-uppers, offering significant potential for those looking to invest in affordable housing with promising returns. Whether you're interested in creating a dual rental income stream or flipping for profit, this property is a great chance to invest in a growing area.

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© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. 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 Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-02-10T18:15:15.333.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
www.rivasrealestatenm.com/homes/158377539
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5005 Bannister Road Carlsbad, NM 88220

  • Price: $130,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 41 min ago
  • MLS #: 20246832
5
Beds
2
Baths
0
½ Baths
0.29
Acres
2,768
SQFT
$47
$/SQFT
1979
Built
Neighborhood:
Otis
County:
Eddy
Area:
Carlsbad
Property Description
Discover a prime investment opportunity with this property featuring two homes on a single 0.29-acre lot, located on the outskirts of Carlsbad, NM. Priced at $155,000, this deal is ideal for investors seeking potential rental income. The property includes a 3-bedroom, 1-bath home and a 2-bedroom, 1-bath home. Both homes are fixer-uppers, offering significant potential for those looking to invest in affordable housing with promising returns. Whether you're interested in creating a dual rental income stream or flipping for profit, this property is a great chance to invest in a growing area.
Exterior Features

Attached Garage YN No Garage YN No Parking Features No Garage Roof Shingle

Interior Features

Cooling YN No Fireplace YN No Fireplaces Total 0 Heating YN No

Property Features

Association YN No Building Area Total 2768 Carport YN No Covered Spaces 0 Flood Zne No New Construction YN No Property Sub Type Single Family Site Built Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 372.3

Listing courtesy of Congress Realty, Inc.: 888-881-4118.
© 2025 REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. All rights reserved. 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 Rivas Real Estate are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Data last updated: 2025-02-10T18:15:15.333.

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional service and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. MAKE NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REALTORS® ASSOCIATION OF NEW MEXICO AND NEW MEXICO MLS, INC. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the New Mexico Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. REALTORS® ASSOCIATION OF NEW MEXICO AND THE NEW MEXICO MLS, INC. will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
 
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3420 N. Grimes Ste 100
Hobbs NM, 88240