701 Lava, Milan, NM 87021
- $139,000
- 5
- BD
- 3
- BA
- 1,922
- SqFt
- List Price
- $139,000
- Status
- ACTIVE
- Days on Market
- 435
- MLS#
- 1084438
- Subtype
- Residential Income
- Year Built
- 1977
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 1,922
- Lot Size
- 16,553
- Acres
- 0.38
- Subdivision
- N/A
- Neighborhood
- N/A
- MLS Area Major
- Cibola
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.
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Additional Information
- Taxes
- $584
- Zoning
- R-1
- Flooring
- Carpet, Tile
- Appliances
- Refrigerator
- Heating
- Central, Forced Air
- Air Conditioning
- Evaporative Cooling
- Exterior Construction
- Frame, Stucco
- Stories
- 1
- Levels
- One
Mortgage Calculator
Listing courtesy of Anna T Carabajal from Realty One of New Mexico
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.