Turn-key income opportunity in the cool pines! This renovated, well-kept triplex features three 2-bedroom, 1-bathroom units, each thoughtfully updated and currently occupied by full-time, paying tenants, so your cash flow starts on Day 1. Tucked into a quiet neighborhood with quick access to Ruidoso's hospital complex and more, the property has updated plumbing, electrical, framing, painting, and more. Each unit is low-maintenance and appealing to long-term renters in a town where long-term rentals are very hard to find. Whether you're expanding your portfolio or making your first investment, this triplex delivers reliable returns with none of the renovation legwork. Three units, one roof, zero vacancy = a rare chance to own an established income stream in a bustling tourist town.
The purpose of the C-2 community commercial district is to provide for low-intensity retail or service outlets which deal directly with the consumer for whom the goods or services are intended. The uses allowed in this district are to provide goods and services on a community market scale and should be located in areas which are served by arterial street facilities.
Permitted uses
Include but are not limited to:
Bank
Laundromat
General retail
Restaurant
Hospital / medical center
Hotel / motel
Office
Public service
Educational / school
Veterinary clinic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
34% chance of being in a wildfire in next 30 years
2/10 Heat Factor
9 days above 86° expected this year, 26 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Ruidoso, NM • 88345
Average low and high temperatures (°F)
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76
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71
48
59
37
57
34
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 108 Service Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More