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About This Home

This 0-bedroom, 0-bathroom residential multi family at 208 E Mathews Street in Roswell, NM is listed for $425,000. on a 0.58 acres lot.

Agent Description

High-Growth Investment Opportunity in Roswells Expanding Housing Market Rare chance to acquire a fully entitled, income-producing tiny home village on a 25,000 SF lot with immediate upside and expansion potential. Three completed, rent-ready manufactured homes are already in place, each with full utility hookups and in-demand modern appliances including refrigerator, stove, washer, and dryerallowing for instant cash flow from day one.

The property is designed for scalability, with ample space to add additional units and significantly increase rental income. A fully fenced backyard creates a controlled, community-style environment featuring shared outdoor amenities, including a tranquil pond that also serves as a stormwater management systemreducing future infrastructure costs.

A 40-foot shipping container is included and can be subdivided into multiple storage units, providing an additional revenue stream or tenant storage solution. With infrastructure already in place, minimal startup costs, and strong demand for affordable housing, this property is perfect for investors seeking high yield, rapid expansion, and long-term appreciation in one of Roswells fastest-growing markets. Current rent is $1250.00 plus utilities

Key Features

  • 0.58 acre lot

Monthly Cost Estimate

$2,273/mo

20% down · 6.5% · 30 years

Principal$307
Interest$1,842
Insurance$124

Estimates only. Actual payments may vary.

Location

208 E Mathews Street

Roswell, NM 88203

Property Details

Appliances

DryerFree-Standing RangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 208 E Mathews Street is listed at $425,000. The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.

Key features include: 0.58 acre lot.

This property is listed by Lana Reese and can be reached at 5754209339 or foxietherealtor@gmail.com.

LR

Lana Reese

Agent at Exp Realty, LLC

(575) 420-9339

Listed by Exp Realty, LLC · View on Broker Site

MLS# 20260514· Source: listhub· Updated 72 days ago

Copyright © 2026 New Mexico MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

208 E Mathews Street, Roswell, NM 88203

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