207 & 213 Mt Carmel Avenue, Socorro, NM 87801
- $125,000
- 3
- BD
- 3
- BA
- 1,729
- SqFt
- List Price
- $125,000
- MLS#
- 1112002
- Property Type
- Multifamily
- Bedrooms
- 3
- Bathrooms
- 3
- Sqft. of Residence
- 1,729
- Lot Size
- 3,485
- Region
- South Socorro
- Status
- PENDING
Property Description
Strong, cash-flowing triplex offering immediate in-place income for the savvy investor. You can't beat the price. This well-located rental property grosses $2,000/month in market rent and comes with a bonus additional lot -- ideal for off-street parking or future unit expansion.Property Highlights: Three (3) 1-bedroom / 1-bathroom units, each featuring its own kitchen, living area, and small private yard -- offering tenants a sense of privacy rarely found in multi-unit properties. Additional adjacent lot included, providing flexibility for off-street parking or potential development of additional rental units -- a valuable upside for future value-add investors. Unbeatable location -- walking distance to the historic Socorro Plaza and all the dining, shopping, and entertainment it offers. New Mexico Tech -- easy walking or biking distance to campus makes this a magnet for steady student and faculty rental demand. Square footage estimated; buyer to verify if material to decision. Offered AS-IS -- a solid opportunity for an investor seeking reliable, in-place income from day one.Please do not disturb tenants. All showings and inquiries by appointment only, respecting current occupants.This is a rare opportunity to acquire a stabilized, income-producing asset in one of Socorro's most desirable rental corridors -- close to everything that makes this growing community special, from its vibrant plaza culture to its ties with NM Tech's thriving academic and research community.
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Additional Information
- County
- Socorro
- Subdivison
- Socorro Grant Sec-21
- Acres
- 0.08
- Interior Features
- Ceiling Fan(s)
- Appliances
- Free-Standing Gas Range
- Construction
- Adobe, Stucco
- Cooling
- Window Unit(s), Ceiling Fan(s)
- Flooring
- Carpet, Laminate, Vinyl
- Heating
- Wall Furnace
- Owner Pays
- Electricity, Gas, Sewer, Trash Collection, Water
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Zoning
- R-1
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Listing courtesy of Dragonfly Capital RE.
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.