Great investment opportunity! Four-unit property being sold as-is. Two units currently require rehabilitation, offering strong value-add potential for investors or buyers looking to renovate and increase rental income.Due to the current condition, the property is best suited for cash or investor financing. Traditional conventional or FHA financing typically requires all units to be fully habitable prior to closing.A renovation loan (such as an FHA 203k) may be an option for owner-occupant buyers, which allows repairs to be financed into the loan; however, this process involves contractor bids, lender approval, and renovation oversight prior to closing.Contact listing agents for details and improvement potential.
Listed By
Agency Name: Realty One of New Mexico
Agency Phone: (505) 883-9400
Shown By
Agent Name: Mae Cordova
Agent Phone: Primary: (505) 898-2700
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 852.24 per month $612.03 Principal & Interest $160.00 Property Tax $80.21 Homeowner's Insurance
818 Granada Street | MLS# 1098535
This multi-family property located at 818 Granada Street, Socorro, NM 87801 is currently listed for sale with an asking price of $275,000. Search Socorro real estate on mcordova.cblegacy.com today.