1241-1245 Jelso Ave 1276 Washington Ave
1241-1245 Jelso Ave, 1276 Washington Ave Grants, NM 87020
Overview
Updated 4-plexes with stylish interior units. This property is great for savvy investors looking to add to their rental portfolio. The roof, furnaces, and most of the evaporative coolers are approximately 4 years old, ensuring that the property is in excellent condition for years to come. Each unit features bright and spacious living areas, cozy bedrooms and functional kitchens. Most of the units feature updated color schemes, laminate/vinyl plank flooring, and true butcher block countertops. These updates result in decreased maintenance requirements for the investor and heightened allure for the tenants. Landlord pays water/sewer/trash (1 meter); tenant pays for gas and electric (individual meters).
DO NOT DISTURB TENANTS!
For Sale
Secondary Uses: Duplex/Quadplex
- Sale Price
- $925,344
- Price Per SF
- $118.6/SF
- Investment
- Yes
- Gross Income
- $8,450
- Building Size
- 7,800 SF
- Zoning Description
- Mixed Residential
- Building Name
- 1241-1245 Jelso/1276 Washington
- Floors
- 2
- Year Built
- 1980
- Parking Spaces
- 16
- Nearest MSA
- Grants, NM
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 90
- Total Units
- 12
- Nearest Interstate
- I-40 - 3 mi
- Nearest Highway
- Old Rt 66/Hwy 122 - 2.5 mi
- Nearest Airport
- Grants/Milan Municipal Airport - 6.5 mi
- County
- Cibola
- Created
- 2024-10-27
- Updated
- 2025-01-23
- Listing ID
- 1a3b9657