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Listed by Crystal Chavez RE/MAX of Farmington
$ 350,000
Est. payment /mo
Active
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
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REVIEWS
Michelle Gabaldon
Ryan Roy made the whole process easy to understand was incredibly helpful and patient with me while I looked for the right home. Ryan always answered my questions and made sure I did not end up in a home I did not love. I highly recommend him for anyone especially people like me who went through the first-time home buying process.
Rouillé Atcitty
Ryan has been very thorough and clear about every step along the way when selling our house. He was available at any time and very quick to respond. He was clear and concise, never left us hanging. He made selling our house. Even when there was a snag, he was very thorough and made sure we understood. He is definitely a go getter. Thank you soo much Ryan!!
Liz A
Ryan was awesome to work with. Super friendly and professional. He showed us many, many homes, and listened to our likes and dislikes as we went along. He kept us informed throughout the whole process. I highly recommend Ryan for your real estate needs. He’ll take care of you. 😁