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Milan,NM 87021
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