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701 Lava, Milan, NM 87021

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For Sale

$139,000

3 beds • 1,922 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $72.32
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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.
MLS# 1084438

Courtesy Of Realty One of New Mexico

(505) 883-9400

Property Features

  • Age
    41-50 Years Old
  • Amenities
    Cable Ready
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Carpet, Tile
  • Heating System
    Forced Air
  • Lot Size
    0.38 Acres

Map and Directions

Directions to 701 Lava, Milan, NM 87021

Home seller CENTURY 21 Associated Professionals, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Associated Professionals, Inc.

(575) 885-9722
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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