701 Lava, Milan, NM 87021
- 5 beds |
- 3 baths |
- 1,922 sqft
Duplex
Built in 1977
0.38acre lot
—— car garage
$72/sqft
Listed 10 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- May 21, 2025
- Data Last Updated:
- April 4, 2026 at 7:17AM
- Listing Office:
- Realty One of New Mexico : (505) 883-9400
- Listing Agent:
- Anna T Carabajal : (505) 250-0028
- MLS ID:
- 1084438
- General: FrameStucco1
- Originating MLS: SWMLS_SWMLS
- County: Cibola
- Zoning: 2058063110323
- Utilities: Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected
- Source: SWMLS_SWMLS
This listing courtesy of Anna T Carabajal , Realty One of New Mexico
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Milan Elementary School
404 Sand, Milan, NM, 87021
Grades PK-6
0.52 miles away
Los Alamitos Middle School
1100 Mount Taylor Ave, Grants, NM, 87020
Grades 7-8
4.00 miles away
Grants High School
500 Mountain Rd, Grants, NM, 87020
Grades 9-12
2.72 miles away
