706 N DUSTIN AVE, Farmington, NM 87401
706 N DUSTIN AVE, Farmington, NM 87401
706 N DUSTIN AVE, Farmington, NM 87401
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Listed by Crystal Chavez RE/MAX of Farmington
$350,000
Est. payment /mo
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3 Baths
Active

706 N DUSTIN AVE Farmington, NM 87401

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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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Amberly Aranda

Amberly Aranda

Broker Associate License ID: 52783

+1(505) 509-1065

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706 N DUSTIN AVE