$139,000

701 Lava, Milan, NM 87021

  • 5 beds |
  • 3 baths |
  • 1,922 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1977
  • Property Lot Size Icon0.38acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $72/sqft
  • Property List Date Icon 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
  • Appliances: Refrigerator
  • Flooring: CarpetTile
  • A/C: Evaporative Cooling
  • Heating: CentralForced Air
  • Eco/Green Feature: None
  • 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

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

M

Milan Elementary School

404 Sand, Milan, NM, 87021

Grades PK-6

0.52 miles away

L

Los Alamitos Middle School

1100 Mount Taylor Ave, Grants, NM, 87020

Grades 7-8

4.00 miles away

G

Grants High School

500 Mountain Rd, Grants, NM, 87020

Grades 9-12

2.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.