About 701 Lava
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.
Features of 701 Lava
| MLS® # | 1084438 |
|---|---|
| Price | $139,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 1,922 |
| Acres | 0.38 |
| Year Built | 1977 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 701 Lava |
|---|---|
| Area | 390 - Cibola |
| Subdivision | N/A |
| City | Milan |
| County | Cibola |
| State | NM |
| Zip Code | 87021 |
Amenities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Tile |
|---|---|
| Appliances | Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Construction | Frame, Stucco |
|---|
Additional Information
| Date Listed | May 21st, 2025 |
|---|---|
| Days on Market | 451 |
| RE / Bank Owned | No |
Listing Details
| Office | Realty One of New Mexico |
|---|