620 Sudderth , Ruidoso
$1,100,000
MLS#: 130964
Address: 620 Sudderth
City / Zip: Ruidoso, NM 88345
County: Lincoln
Neighborhood: Palmer Gateway
Bathrooms: 9
Heated Sq Ft: 4,624
Year Built: 1960
Zoning: C2
Interior Features
- Air Conditioning: Ceiling Fan(s)
- Appliances: Gas Cooktop, Gas Oven, Refrigerator
- Extras: Pines Inn
- Furnishings Available: No
- Heating: Natural Gas, Wall Furnace
- Interior Features: Appliances Only
- Water: Public
External Features
- Lot Description: Waterfront, See Remarks
- Parking: Parking Lot, Paved
- Sewer/Septic: Public Sewer
- Style: See Remarks
Additional Features
- County: Lincoln
- Status Date: 2024-08-29
- View Description: River, Trees/Woods
- Year Built: 1960
- Zoning: C2
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Listings provided courtesy of TRU South Real Estate. and Ruidoso/Lincoln County MLS.
Information Deemed Reliable But Not Guaranteed
Copyright © 2024 Ruidoso/Lincoln County MLS - All Rights Reserved
Agent's Comments
PRIME COMMERCIAL PROPERTY you've been waiting for in Ruidoso, N.M.! Nestled along the busy Sudderth Drive, this riverfront property not only has an unbeatable location but also a lucrative rental history that speaks volumes about its investment potential. Excellent Riverfront location with 9 apartment units, which can be converted back to 12 units. Currently 100% leased, with a wait list. C-2 Commercial zoning allows for multiple uses. Includes 3 separate buildings: triplex that can be reconverted back to 6-plex, plus duplex - both are in center of property - plus private riverfront 4-plex directly above Rio Ruidoso river with 70+' river frontage. 8% CAP Rate. Includes onsite coin-op laundry and storage room. 618 Sudderth located next door is listed at $895,000 Schedule a viewing today
*Listing provided courtesy of the MLS.