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Listed by Crystal Chavez RE/MAX of Farmington
$ 350,000
Est. payment /mo
New
706 N DUSTIN AVE Farmington, NM 87401
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Eaton Addition
MLS Listing ID 26-1264
Full Baths 3
Property Sub-Type Multi Family
Source San Juan County Board of REALTORS®
Property Description
Double-digit returns on three doors. A 10.6% gross cap rate, 100% occupancy. An excellent investment opportunity featuring three rental units with established tenants and a history of rental income. Generating a combined $3,100 in monthly rental income, this multifamily property offers an opportunity to add an income-producing asset to your portfolio. All three units feature remodeled bathrooms, with select updates throughout the property, including flooring and paint. Unit B also features a brand-new wall furnace. With tenants already in place and a rental history to support the investment, this property is a great opportunity for investors looking to expand their rental portfolio or step into multifamily ownership.
Location
State NM
County San Juan
Area 7G
Direction {\"Directions to Prprty\":true}
Exterior
Garage No
Building
Faces {\"Directions to Prprty\":true}
Others
Pets Allowed No