1. New Mexico
  2. Las Cruces
  3. 3820 Calle De Las Margaritas
$475,000

3820 Calle De Las Margaritas, Las Cruces, NM 88005

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon1.09acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Endless possibilities await with this well-maintained fourplex in the peaceful and highly desirable Mesilla Park area. Situated on 1.09 acres with a charming pecan orchard, this property offers quiet country living just minutes from town. Each of the four 1-bedroom, 1-bath units features low-maintenance tile flooring, a full appliance package, and an open-concept kitchen, living, and dining area, with three units upgraded with new mini-split heating and cooling systems for efficient year-round comfort. With separate utility meters and a shared domestic well, this income-producing property is both functional and full of long-term potential. Its very close proximity to NMSU and Burrell College of Osteopathic Medicine makes this a prime rental location- ideal for student housing or short-term Airbnb stays. Beyond traditional rentals, this property offers multiple streams of potential income including pecan orchard harvests, horse training or boarding, and more. A rare opportunity, call me today!

Listing Status:
Active
Listing Office:
BHGRE Steinborn & Associates : (575) 522-3698
Listing Agent:
Jorge A Vazquez : (575) 640-3325
MLS ID:
2501032
  • Appliances: RangeRefrigerator
  • A/C: Evaporative Cooling
  • Heating: Natural GasForced Air

This listing courtesy of Jorge A Vazquez, BHGRE Steinborn & Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mesilla Park Elementary School

955 W Union Ave, Las Cruces, NM, 88005

Grades PK-5

0.38 miles away

Z

Zia Middle School

1300 W University Ave, Las Cruces, NM, 88005

Grades 6-8

1.05 miles away

R

Rio Grande Preparatory Institute

2355 Avenida De Mesilla, Mesilla, NM, 88046

Grades 9-12

1.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.