201 Lincoln Ave, Grants, NM 87020
- Beds
- 20
- Baths
- 10
- Sqft
- 7,090
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Overview
Value-add multifamily investment opportunity in Grants, NM featuring 10 renovated units with 80% occupancy and immediate lease-up potential. Each unit offers the same spacious floor plan with washer/dryer hookups, stainless steel appliances, quartz countertops, garbage disposals, LVP flooring, and tiled showers. New energy-efficient mini-split HVAC systems were installed property-wide in 2024. Residents enjoy a secure gated courtyard. An additional ~600 SF, 1-bedroom/1-bath unit was converted from a storage unit with washer/dryer hookups; this provides the opportunity to create an 11th income-producing unit, subject to completion. 11th unit is roughly 75% complete.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 1
- Number of bedrooms
- 20
- Number of bathrooms
- 10
- Square feet
- 7,090
- Lot size (acres)
- 0.40
- Year built
- 1976
Interior features
- Laundry
- Washer Hookup, Laundry Room, In Unit, Gas Dryer Hookup
Utilities
- Heating
- Ductless
- Cooling
- Ductless
Taxes
- Tax Annual Amount
- $6,382
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Southwest MLS (Greater Albuquerque Association of REALTORS) MLS®#: 1106959 Last checked: …
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