$1,100,000

Multi Family In Grants

20 Beds
10 Baths
7,090 Sqft
17,424 Sqft lot

Updated: July 10
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Source:
Southwest MLS (Greater Albuquerque Association of REALTORS) MLS#1106959

About the Property

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. Res

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.

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Property type

Other
Floors

1
Year built

1976
Price/sqft

$155

Features

Garden
Renovated
Investment Property
Washer Dryer
Gate
Laundry Room
Air Conditioning

Explore the Area

201 Lincoln Avenue, Grants, New Mexico, United States View on Google Maps

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Weichert, Realtors Image - Albuquerque

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Weichert, Realtors Image - Albuquerque

New Mexico, United States

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5

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2026

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Weichert, Realtors Image - Albuquerque

Albuquerque, New Mexico, United States

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Last updated

July 10

First listed

Jul 10

Listing reference

1106959

Listing status

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © {{YEAR}} Southwest Multiple Listing Service. All Rights Reserved.

Multi Family In Grants

About the Property

Property type

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Year built

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Multi Family In Grants

About the Property

Property type

Floors

Year built

Price/sqft

Features

Explore the Area

Listed by

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Similar Properties Nearby

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Grants, NM, United States property types

Grants, NM, United States popular searches

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