1140 S Mesquite St, Las Cruces, NM 88001

Rare investment opportunity in the heart of Las Cruces! Located just minutes from NMSU, shopping centers, schools, and major thoroughfares, this fully occupied triplex is the perfect blend of current cash flow and future potential. The property features two units in a great duplex layout, along with a detached, character-filled A-frame apartment--all with long-term renters in place, generating reliable rental income from day one.With its prime location and stable occupancy, this property is ideal for both seasoned investors and first-time buyers looking to house hack using a loan. Live in one unit while the others help cover your mortgage, or hold as a fully leased asset with room for rent increases.Sitting on a generously sized lot, this property also offers development potential--with space to add a fourth unit or even explore a complete redevelopment into a 15-unit multifamily complex, pending zoning and city approval. The possibilities are abundant for those with a long-term vision.