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510 N WALL Avenue, Farmington, NM 87401

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For Sale
Sale Pending

$825,000

12 beds • 12 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

Explore this Property

Amazing investment opportunity! Welcome to our listing for a stunning apartment building located in a prime location. This building offers a total of 12 spacious one bedroom plus one non-conforming room that can be used as an office, den, flex space, storage, etc., making it the perfect investment opportunity for those seeking high returns. (County Assessor site shows property as 24 bedrooms)With a gross rent of $9,690 per month, this property presents a lucrative income potential. Some of the units have been recently renovated, boasting stylish updates that will attract tenants who appreciate clean, modern living spaces.Although there are no washers and dryers on the property, residents can conveniently access Apache Queen Laundry located just across the parking lot. This provides an excellent solution for tenants in need of laundry facilities without compromising on the convenience and comfort of their living space.This apartment building is a sound investment and offers a desirable location with easy access to amenities, restaurants, transportation, and entertainment options. Don't miss out on this opportunity to own a profitable property that combines modern living with convenience. Schedule a viewing today and envision the future possibilities this apartment building has to offer.
MLS# 24-853

Courtesy Of RE/MAX of Farmington

(505) 327-4777

Property Features

  • Amenities
    Dock
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Evaporative
  • Exterior Type
    Block, Concrete

Map and Directions

Directions to 510 N WALL Avenue, Farmington, NM 87401

Home seller CENTURY 21 SoWesCo Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 SoWesCo Realty

(505) 325-2100
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 San Juan County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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