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$139,000
5 Beds
3 Baths
1,922sqft
701 Lava, Milan, NM 87021
$139,000
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Duplex
Built in 1977
$-- HOA
16,553 sqft lot
$72/sq.ft
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.
- Houzeo last checked: 35 Minutes ago
- Listing updated: May 22, 2025 at 1:41 am
- Listing Provided by: Anna T Carabajal (505) 250-0028 DRE #50510 | Realty One of New Mexico (505) 883-9400
- Source: Greater Albuquerque AOR (SWMLS) MLS-NV | MLS#: 1084438
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1977
HOA Fees
-
Finished Area
1,922 sqft
Lot Size
16,553 sqft lot
Basement Area
- sqft
MLS Name
Greater Albuquerque AOR (SWMLS) MLS
MLS Number
1084438
MLS Status
Active
Days on Market
197
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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