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1327 S Perry Dr, Hobbs, NM, 88240

2beds
1baths
1,208sqft
$220,000
$182price/sqft
$1,885/moest. monthly cost
$75,400/yrincome needed

About This Home

Investor special with multiple income streams and strong upside potential! This property sits on a large lot and includes a primary single-family residence plus a mobil home, making it ideal for rental income, multi-tenant use, or a live-in investment strategy. The main home is in rentable condition with updated flooring, neutral paint, and functional layout—minimizing upfront rehab costs. Additional units/structures provide immediate or future income opportunities, with room to increase rents and improve overall returns. The expansive lot allows for easy access, ample parking, and potential for further improvements or reconfiguration to maximize cash flow.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

3/10
Heizer Middle SchoolGrades 6-80.5 mi
8/10
Hobbs High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1955

Materials

  • Roof: Pitched,Shingle
  • Construction materials: Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate,Wood

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,208
  • Total interior livable area: 1,208 sqft

Property

Details

  • Parcel number: 4000791040001

Lot

  • Features: Irregular Lot

Parking

  • Parking features: No Garage