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707 E 5th Street

Roswell, NM 88201
  • $155,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 20260853
UPDATED: 32 min ago
$155,000
  • 3
    BEDS
  • 0.24
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 980
    SQFT
  • $158
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1944
County:
Area:

School Ratings & Info

Description

Great investment opportunity! This recently remodeled 3 bedroom, 1 bathroom home is currently tenant-occupied with a lease in place for the next 8 months, providing immediate rental income. With a strong offer, the existing lease may be bought out, offering flexibility for both investors and future owner-occupants. The home is easy to show and has been updated, making it a low-maintenance addition to any portfolio. The seller also owns two additional properties next door that can be purchased separately or together, creating an excellent opportunity for investors looking to acquire multiple neighboring rentals.

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© 2026 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: 2026-03-09T17:14:58.103.

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/172998753
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707 E 5th Street Roswell, NM 88201

  • Price: $155,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 32 min ago
  • MLS #: 20260853
3
Beds
1
Baths
0
½ Baths
0.24
Acres
980
SQFT
$158
$/SQFT
1944
Built
Neighborhood:
Roswell
County:
Chaves
Area:
Roswell
Property Description
Great investment opportunity! This recently remodeled 3 bedroom, 1 bathroom home is currently tenant-occupied with a lease in place for the next 8 months, providing immediate rental income. With a strong offer, the existing lease may be bought out, offering flexibility for both investors and future owner-occupants. The home is easy to show and has been updated, making it a low-maintenance addition to any portfolio. The seller also owns two additional properties next door that can be purchased separately or together, creating an excellent opportunity for investors looking to acquire multiple neighboring rentals.
Exterior Features

Attached Garage YN No Garage YN No Levels One Parking Features No Garage Roof PitchedShingle

Interior Features

Appliances MicrowaveFree-Standing RangeRefrigeratorWater Heater - One Cooling ElectricRefrigerated Cooling YN Yes Fireplace YN No Fireplaces Total 0 Heating ElectricHeat Pump Heating YN Yes

Property Features

Association YN No Building Area Total 980 Carport YN No Covered Spaces 0 Fencing Back YardChain Link New Construction YN No Property Sub Type Single Family Residence Public Improvement Dist No Sale Rent For Sale Tax Annual Amount 1351.24 Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected Water Source Public

Listing courtesy of Keller Williams Roswell: 575-600-6114.
© 2026 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: 2026-03-09T17:14:58.103.

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