Affordable Home with Extra Lot in Moriarty Nm

Description

Affordable and full of opportunity, this 840 sq ft home in Moriarty, New Mexico sits on two spacious city lots and offers a unique blend of investment potential and small-town charm. Located at 1601 Seventh Street, this one-bedroom home includes a bonus space that could easily serve as a second bedroom, office, or hobby room. Whether you’re looking for your first home, a rental investment, or a fixer-upper project to flip, this property fits the bill.
The home is functional as-is but offers room for updates to maximize value. Fresh renovations could make this a profitable resale or a long-term rental income generator. The layout is efficient and manageable, making maintenance easy for landlords or owners alike. With city utilities already in place, the basics are covered, and you’re ready to focus on cosmetic improvements that match your vision.
One of the most valuable features of this listing is the second included lot. With proper approvals from the City of Moriarty, this lot could potentially be developed, sold separately, or used to expand the existing property footprint. Whether you dream of building another home, adding a garage or workshop, or simply enjoying the elbow room, the options are wide open.
Located just under an hour from Albuquerque and a little over an hour to Santa Fe, this property provides convenient access to major metro areas while keeping the peace and affordability of Moriarty living. Don’t miss your chance to grab a slice of New Mexico real estate with built-in potential and versatile use.