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Mark Rickert

mark@rickertpg.com +1(505) 616-4663

Listed by Dragonfly Capital RE

$ 125,000

Est. payment | -/mo

3 Beds

3 Baths

1,729 SqFt

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$ 125,000

Est. payment | -/mo

Save

3 Beds

3 Baths

1,729 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,729 sqft

Price per Sqft $72

Subdivision Socorro Grant Sec-21

MLS Listing ID 1112002

Bedrooms 3

Construction Status Resale

HOA Y/N No

Year Built 1920

Annual Tax Amount $432

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions Public Records

Property Sub-Type Triplex

Property Description

Strong, cash-flowing triplex offering immediate in-place income for the savvy investor. You can't beat the price. This well-located rental property grosses $2,000/month in market rent and comes with a bonus additional lot -- ideal for off-street parking or future unit expansion.Property Highlights: Three (3) 1-bedroom / 1-bathroom units, each featuring its own kitchen, living area, and small private yard -- offering tenants a sense of privacy rarely found in multi-unit properties. Additional adjacent lot included, providing flexibility for off-street parking or potential development of additional rental units -- a valuable upside for future value-add investors. Unbeatable location -- walking distance to the historic Socorro Plaza and all the dining, shopping, and entertainment it offers. New Mexico Tech -- easy walking or biking distance to campus makes this a magnet for steady student and faculty rental demand. Square footage estimated; buyer to verify if material to decision. Offered AS-IS -- a solid opportunity for an investor seeking reliable, in-place income from day one.Please do not disturb tenants. All showings and inquiries by appointment only, respecting current occupants.This is a rare opportunity to acquire a stabilized, income-producing asset in one of Socorro's most desirable rental corridors -- close to everything that makes this growing community special, from its vibrant plaza culture to its ties with NM Tech's thriving academic and research community.

Location

State NM

County Socorro

Area 621 - South Socorro

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Window Unit(s), Ceiling Fan(s)

Flooring Carpet, Laminate, Vinyl

Fireplace No

Appliance Free-Standing Gas Range

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 0013500003

Acceptable Financing Cash, Conventional, FHA, VA Loan

Green/Energy Cert None

Listing Terms Cash, Conventional, FHA, VA Loan

Nearby Locations

"My job is to provide you with concierge level service and to provide you with incredible service with exceptional results!"

+1(505) 616-4663

mark@rickertpg.com

150 Washington Ave, Santa Fe, NM 87501, USA

207 & 213 Mt Carmel AVE Socorro, NM 87801

Mark Rickert

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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207 & 213 Mt Carmel AVE