201 Lincoln AVE, Grants, NM 87020
201 Lincoln AVE, Grants, NM 87020
201 Lincoln AVE, Grants, NM 87020
201 Lincoln AVE, Grants, NM 87020
201 Lincoln AVE, Grants, NM 87020
201 Lincoln AVE, Grants, NM 87020
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Listed by Weichert, Realtors Image
$ 1,100,000
Est. payment | /mo

20 Beds

10 Baths

7,090 SqFt


Save
$ 1,100,000
Est. payment | /mo
Save

20 Beds

10 Baths

7,090 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,090 sqft

Price per Sqft $155

MLS Listing ID 1106959

Bedrooms 20

Construction Status Resale

HOA Y/N No

Year Built 1976

Annual Tax Amount $6,382

Lot Size 0.400 Acres

Acres 0.4

Lot Dimensions Appraiser

Property Sub-Type Multi Family

Property Description

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.

Location

State NM

County Cibola

Area 390 - Cibola

Interior

Heating Ductless

Cooling Ductless

Flooring Carpet Free, Vinyl

Fireplace No

Appliance Free-Standing Gas Range, Disposal, Microwave, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Gas Dryer Hookup, In Unit

Exterior

Exterior Feature Landscaping, Lighting

Utilities Available Electricity Available, Natural Gas Available, Water Connected

Total Parking Spaces 20

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 2055062151437

Security Features Security Gate

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

Jolie Lohmann

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(505) 393-1155

justsoldwithjolie@gmail.com

3530 Wyoming Blvd NE, Albuquerque, NM

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201 Lincoln AVE