701 Lava, Milan, NM 87021
701 Lava, Milan, NM 87021
701 Lava, Milan, NM 87021
701 Lava, Milan, NM 87021
701 Lava, Milan, NM 87021
701 Lava, Milan, NM 87021
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Susan Buchman

Susan Buchman

+1(505) 554-4173
Listed by Realty One of New Mexico
$ 139,000
Est. payment | /mo

5 Beds

3 Baths

1,922 SqFt

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$ 139,000
Est. payment | /mo
Save

5 Beds

3 Baths

1,922 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,922 sqft

Price per Sqft $72

MLS Listing ID 1084438

Bedrooms 5

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $584

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions Other

Property Sub-Type Duplex

Property Description

This versatile duplex in Milan, New Mexico, presents a fantastic investment opportunity with two distinct units. The first unit features 3 bedrooms and 2 baths, while the second offers 2 bedrooms and 1 bath. In addition, the property includes a spacious lot, ideal for parking a manufactured home to add another income-generating unit.Each unit is equipped with separate electric and gas meters, ensuring independent utilities for tenants. Both units currently have long-term renters in place, providing steady income. Swamp coolers offer efficient cooling, while the durable metal roof enhances the property's longevity.

Location

State NM

County Cibola

Area 390 - Cibola

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Tile

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 2058063110323

Acceptable Financing Cash, Conventional, FHA

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA

Southwest MLS (SWMLS IDX Plus)
Nearby Locations
Susan Buchman

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 554-4173

susan@thebuchmangroup.com

4313 Corrales Rd, Corrales, New Mexico, 87048, USA

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701 Lava