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818 Granada Street, Socorro, NM 87801

$275,000
  • 818 Granada Street, Socorro, NM 87801 Main Photo

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Active
BEDS2 BATHS MLS#1098535
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONBAGLEY ADDITION

Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Ductless, Evaporative Cooling, Multi Units, Refrigera
Heating: Ductless, Other
Lot Size: 0.47 Acres
Stories: 1.0
Taxes: $1,920
Year Built: 1940

Feature Descriptions

Accessibility: None
Appliances: Range Hood
Days on Site: 37
Exterior: Stucco
Flooring: Carpet, Carpet Free, Tile
Parcel#: 0010550019
Units: 4
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Listed By / Shown By

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

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Estimated Payment

$ 852.24 per month $612.03 Principal & Interest $160.00 Property Tax $80.21 Homeowner's Insurance

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