Map
Listed price in listed location currency (USD).
$1,100,000

201020

MLS® 1106959

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 7090 sqft
Garage 
Taxes $6,382
Days Active 11
Lot Size 0.4 Acres
Approx. Age 1976
Avg. Price Per Sqft $155
MLS® Number 1106959

Property Address: 201 Lincoln Ave, Grants, NM, 87020-2862

Average square foot calculated using Size range provided by listing agent.

Description

Value-add multifamily investment opportunity in Grants, NM featuring 10 renovated units with 80% occupancy and immediate lease-up potential. Each unit offers the same spacious floor plan with washer/dryer hookups, stainless steel appliances, quartz countertops, garbage disposals, LVP flooring, and tiled showers. New energy-efficient mini-split HVAC systems were installed property-wide in 2024. Residents enjoy a secure gated courtyard. An additional ~600 SF, 1-bedroom/1-bath unit was converted from a storage unit with washer/dryer hookups; this provides the opportunity to create an 11th income-producing unit, subject to completion. 11th unit is roughly 75% complete.
MLS® Number1106959
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1976
Basement
Driveway
Garage Spaces
HeatDuctless
A/CDuctless

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$1,100,000List Price
  • Commute

Commute

Starting Address
Destination Address
201 Lincoln Ave, Grants, NM

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