701 Lava Ave, Milan, NM 87021

Beds
5
Baths
3
Sqft
1,922

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Listed byRealty One of New Mexico
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Number of bedrooms
5
Number of bathrooms
3
Square feet
1,922
Lot size (acres)
0.38
Year built
1977

Utilities

Heating
Forced Air, Central
Cooling
Evaporative Cooling

Taxes

Tax Annual Amount
$584.14

Public schools

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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®#: 1084438 Last checked:

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