Milan, NM 87021,701 Lava
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Milan, NM 87021,701 Lava
Milan, NM 87021,701 Lava
Milan, NM 87021,701 Lava
Milan, NM 87021,701 Lava
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Stephanie Romisher Webb

Stephanie Romisher Webb

+1(505) 628-0311
Listed by Realty One of New Mexico
$ 139,000
Est. payment /mo
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Active

701 Lava Milan, NM 87021

3 Beds

2 Baths

1,922 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,922 sqft

Price per Sqft $72

MLS Listing ID 1084438

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1977

Annual Tax Amount $584

Lot Size 0.380 Acres

Acres 0.38

Lot Dimensions Other

Property Sub-Type Duplex

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.

Location

State NM

County Cibola

Area 390 - Cibola

Interior

Heating Central, Forced Air

Cooling Evaporative Cooling

Flooring Carpet, Tile

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 2058063110323

Acceptable Financing Cash, Conventional, FHA

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA

SCHOOLSPROPERTIES
Elementary Schools 1
  • 6

    Milan Elementary School

    Public | PK - 6

School and business data provided by Attom Data.
Stephanie Romisher Webb

Stephanie Romisher Webb

OWNER| QUALIFYING BROKER | License ID: REC-2025-0973

+1(505) 628-0311

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701 Lava