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$1,100,000
20 Beds
10 Baths
7,090sqft
201 Lincoln Ave, Grants, NM 87020
$1,100,000
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Multi Family
Built in 1976
$-- HOA
17,424 sqft lot
$155/sq.ft
Description
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.
- Houzeo last checked: 21 minutes ago
- Listing updated: July 22, 2026 at 1:51 am
- Listing Provided by: Diana J Leal (505) 910-3320 DRE #54204 | Weichert, Realtors Image (505) 365-6721
- Source: Greater Albuquerque AOR (SWMLS) MLS-NM | MLS#: 1106959
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
7,090 sqft
Lot Size
17,424 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1106959
MLS Status
Active
Days on Market
16
Cumulative Days on Market
12
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
