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.
Residential Income property for sale in Milan, NM at 701 Lava. This 3 bedroom Residential Income property is priced at $72/sqft
Features of 701 Lava
| MLS® # | 1084438 |
|---|---|
| Price | $139,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 1,922 |
| Acres | 0.38 |
| Year Built | 1977 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information: Milan
| Address | 701 Lava |
|---|---|
| Area | 390 - Cibola |
| Subdivision | N/A |
| City | Milan |
| County | Cibola |
| State | NM |
| Zip Code | 87021 |
Amenities of 701 Lava
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior of 701 Lava
| Interior | Carpet, Tile |
|---|---|
| Appliances | Refrigerator |
| Heating | Central, Forced Air |
| Cooling | Evaporative Cooling |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior of 701 Lava
| Construction | Frame, Stucco |
|---|
Additional Information On 701 Lava
| Date Listed | May 21st, 2025 |
|---|---|
| Days on Market | 142 |
| RE / Bank Owned | No |
Listing Details
| Office | Realty One of New Mexico |
|---|