1115 Mckay Street Carlsbad, NM ^$ 1,176,543

1115 Mckay Street

^$ 1,176,543

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1115 Mckay Street

Carlsbad, NM, 88220

^$ 1,176,543

Bedrooms2 Baths1.0 Sq 6,584

Monthly Estimate*

^$ 7,820

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Multi-Family Home for sale in Carlsbad, NM

for $1,176,543 with 2 bedrooms and 1 full bath. This 6,584 square foot home was built in 2003 on a lot size of 0.32.

Recently remodeled units feature open floorplans with large eat-in kitchens, living areas with woodburning fireplaces, and bedrooms with plenty of storage - all complimented by custom woodwork and quality, hardy contemporary finishes throughout. Add all that to updated thermal windows, a new 30-year roof, upgraded stucco and paint, and a new common laundry room, and you've got a turnkey investment that will allow the next owner to truly reap the benefits of one of New Mexico's fastest growing and appreciating real estate markets (without the headache of inheriting deferred maintenance and urgent projects with no upside). Carlsbad continues to grow exponentially as high paying jobs are generated in oil and gas production, agriculture, and one of the most solid tourism sectors i

Multi-Family Active

Price

^$ 1,176,543

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 957

Style

MultiFamily

Lot Size

0.32

Year Built

2003

Town/City

Carlsbad

County/Region

Eddy

MLS | Web ID

1063594

Features

General

Heating Central ForcedAir

Cooling EvaporativeCooling

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances Refrigerator

Construction Materials Frame Stucco

Year Built 2003

Tenant Pays Other SeeRemarks

Stories 2

Levels Two

Property SubType MultiFamily

Gross Income 102060.0

County Eddy

Operating Expense 31465.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Subdivision Name Powers

Garage Y/N N

Green Energy Generation None

Status Active

Directions From Main and McKay west to property

City Carlsbad

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-2

NumberOfUnitsTotal 8

MLS Area 440 - Eddy

Lot Size Square Feet 13939.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Cash Conventional FHA VALoan

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 957.8

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour http://www.nmapartment.com/1111WMcKay http://www.nmapartment.com/1111WMcKay

Days on Market 4

Builder Name Unknown

Standard Status Active

Legal Description SUBD: POWERS REP AMD L1 BL203 & L2 BL 202 LOT: 1D BLOCK: 203

Interior

Flooring Tile

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 2

Spa N

Building Area Total 6584.0

Lot Size Acres 0.32

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

Todd Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Affordability Calculator

$7,899

Per Month

Monthly Principal & Interest: $7,820
Monthly Property Taxes: $80
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 Carlsbad, NM

Average List Price ^$897,994

Percent of Sale Price 24%

About Carlsbad, NM

27,602 Population

6% Since 2002

^$59,021 Median Income

38.34 Median Age

30% 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
5/21/2024	$1,176,543		Listed Price

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1115 Mckay Street, Carlsbad, NM, 88220 is a Multi-Family Home for sale at $1,176,543 with 6,584 sqft and a lot size of 0.32. 1115 Mckay Street has 2 bedrooms, 1.0 baths, and was built in 2003. The property's zip code is 88220 which is in Carlsbad, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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 6/20/2024.

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1115 Mckay Street

Multi-Family Home for sale in Carlsbad, NM

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