$225,000
PENDING $25K PRICE DROP

204 E Corbett St Hobbs, NM 88240

Estimated payment $1,433/month

Total Views 14,549
-- Bed
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Surveillance System
  • 1-Story Property
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

About This Home

This property features three fully leased units, perfect for investors looking for immediate rental income. The front unit is a spacious 2-bedroom, 2-bath home with central AC/heat. Additionally, there is a cozy 1-bedroom, 1-bath studio equipped with a window AC unit, as well as a second 1-bedroom, 1-bath unit that also offers central AC/heat. With all units currently leased, this is a turnkey investment opportunity in a desirable area. Don't miss out on this income-generating property!

Listing Agent

Mayte Rodriguez-Holguin

ELITE REAL ESTATE License #REC-2023-0265 Listed on: 10/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,277

Year Built

  • Built in 1955

Lot Details

  • 7,590 Sq Ft Lot
  • Lot Dimensions are 55 x 138

Home Design

  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 3 Bathrooms
  • 1-Story Property
  • Surveillance System
  • Free-Standing Range

Utilities

  • Window Unit Cooling System
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4000054970001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,277

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Year Built: 1955
  • Reso Property Sub Type: Multi Unit 2-4
  • Prop. Type: Residential Income
  • ResoSecurityFeatures: Audio/Video Surveillance
  • Unit Levels: One
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator
  • Stories: 1

Exterior Features

  • Roof: Pitched, Shingle
  • Acres: 0.1742
  • Exterior Features: Sidewalk

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Water-City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No

Lot Info

  • Lot Dimensions: 55 x 138
  • Lot Size Sq Ft: 7590
  • ResoLotSizeUnits: Square Feet
  • Parcel #: 4000054970001

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2277.49

Multi Family

  • Number Of Units Total: 3
  • Building Area Units: Square Feet

Map

Range of Values:

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ICE

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $723 $26,445 $2,814 $23,631
2023 $711 $25,675 $2,732 $22,943
2022 $682 $25,675 $2,732 $22,943
2021 $680 $24,927 $2,652 $22,275
2020 $670 $24,927 $2,652 $22,275
2019 $658 $24,927 $2,652 $22,275
2018 $651 $24,927 $2,652 $22,275
2017 $688 $74,781 $7,956 $66,825
2016 $716 $74,781 $7,956 $66,825
2015 $657 $74,781 $7,956 $66,825
2014 -- $74,781 $7,956 $66,825
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Pending -- -- --
04/21/2025 04/21/25 For Sale $225,000 0.0% --
04/21/2025 04/21/25 Off Market -- -- --
03/18/2025 03/18/25 Price Changed $225,000 -4.3% --
11/04/2024 11/04/24 Price Changed $235,000 -6.0% --
10/19/2024 10/19/24 For Sale $250,000 -- --
Source: New Mexico MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: New Mexico MLS

MLS Number: 20246134

New Mexico MLS

APN: 4000054970001