701 Lava, Milan, NM 87021

Local realty services provided by:ERA Sellers & Buyers Real Estate
701 Lava,Milan, NM 87021
$139,000
  • 3 Beds
  • 2 Baths
  • 1,922 sq. ft.
  • Multi-family
  • Active
Listed by:anna t carabajal
Office:realty one of new mexico
MLS#:1084438
Source:NM_SWMLS

Price summary

  • Price:$139,000
  • Price per sq. ft.:$72.32

About this home

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.

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Home facts

  • Year built:1977
  • Listing ID #:1084438
  • Added:126 day(s) ago
  • Updated:September 20, 2025 at 02:23 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Living area:1,922 sq. ft.

Heating and cooling

  • Cooling:Evaporative Cooling
  • Heating:Central, Forced Air

Structure and exterior

  • Year built:1977
  • Building area:1,922 sq. ft.
  • Lot area:0.38 Acres

Utilities

  • Water:Water Connected

Finances and disclosures

  • Price:$139,000
  • Price per sq. ft.:$72.32
  • Tax amount:$584

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