Farmington NM Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Baths:
- 3.00
- MLS#:
- 24-1171
- Subdivision:
- Hays Addition
ADDITIONAL INFORMATION
Attention Investors!!! 3 one BR units, Right in the heart of Farmington, Owner has done a lot of improvements, one unit isvacant and is waiting for a new tenant. 2 units downstairs and one large unit upstairs, storage shed included.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Baths:
- 6.00
- MLS#:
- 24-1160
- Subdivision:
- Showcase Subdivision
ADDITIONAL INFORMATION
Roof and Evaporative coolers were replaced in 2022. Tenants pay gas & electric with separate meters. Landlord is paying water, sanitation & sewer. Current rents have not been evaluated or increased in many years. All tenants have occupied the property for over two years and are now on a month to month basis. Property is located close to schools, shopping and convenience. Each unit has 2 bedrooms and 2 baths. The current lender does have an FHA loan available with an owner occupant.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Baths:
- 6.00
- MLS#:
- 24-1145
- Subdivision:
- Triplett
ADDITIONAL INFORMATION
Awesome return on investment. Seller saidthese units are easy to rent; stays occupied and tenants typically stay for years. Some rent for $700 per month. If and when all units are rented for $700.00, the Gross Income will be $4200.00 per month Landlord pays water and sewer only.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 5.00
- MLS#:
- 24-968
- Subdivision:
- None
ADDITIONAL INFORMATION
Check out this remodeled home which features a total of 6 BR's, 3 baths, with 2 of the BR's in the basement, 3 living areas,2 pellet stoves, All new windows throughout, new baths, new flooring, new window shades, hot tub, gazebo, 3 decks, newer fencing. All City utilities plus one septic for apartment above the garage, also has a separate house which is used asanother rental, a well for irrigation, gorgeous views of the Valley, secluded, also has a horse arena for them horse people,Quonset hut, tons of storage, A must see for those wanting privacy and just minutes from Town... Address is 760, 750 and 750 A Valentine Road. See also MLS# 24-969.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 12.00
- MLS#:
- 24-853
- Subdivision:
- Hay'S Addition
ADDITIONAL INFORMATION
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.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 2.00
- MLS#:
- 24-811
- Subdivision:
- VINE PARK SUBDIVISION
ADDITIONAL INFORMATION
Great opportunity to acquire ownership of a future mobile home park. The park has recently received approval for the development of 24 pads for mobile homes. In addition, you will acquire a site-built home with three (possibly four) bedrooms, two bathrooms, and a basement. This home is currently occupied by tenants, ensuring immediate rental income. The purchase also includes a separate .32-acre lot with approval to expand the park and accommodate multiple mobile homes. This investment opportunity has significant potential for both growth and profitability.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 3.00
- MLS#:
- 24-729
- Subdivision:
- Chaco
ADDITIONAL INFORMATION
Darling tri-plex right in the heart of Farmington, All units have had tenants who have been there for years... 1 BR units with some updates, newer windows throughout, newer stucco, all units have storage area under carports. Hardwood flooring, Conveniently located to Smith's, Walgreens, donuts, star bucks, Park, swimming, etc... Must have notice to show..property is being sold in AS IS condition...
$1,697,000
5211 BLOOMFIELD HWY Farmington, NM 87401
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 6.00
- MLS#:
- 24-475
- Subdivision:
- ''Kerby Orchard''
ADDITIONAL INFORMATION
''Kerby Orchard'' 3 RENTAL HOMES AND ROOM FOR MORE! SEWER ACCESS WITH ADDITION OF LIFT STATION. Do not miss this opportunity to own this established fruit orchard with views of the San Juan River and the Bisti Bluffs. Family-owned since 1945. 27.92 Irrigated Acres with 2,500-3,000 fruit trees and a mind-blowing 77.5 acre-feet of irrigation!!! Well-composted soil! Property includes 3 homes (2 of which are active rentals), 3 Ag Buildings, an active gas well, and several other storage buildings. Home #1 is a nicely updated 1985 brick home with 3 bedrooms, 3 bathrooms, an attached oversized 2 car garage, wood flooring, crown molding, a pantry, an office, and a jacuzzi room. First floor is 1909sf and the finished basement is 1472sf. Home #2 is currently rented, and is a 1437sf 3 bedroom 2 bath home built in 1962. Home features a fireplace in the living room, an attached 2 car portico with storage, a 546sf unfinished basement, a patio, a gazebo, a laundry room, and rose bushes. Home #3 is currently rented and is a 3 bedroom 1 bathroom 1512sf updated home built in 1956. Home is a stucco home with a pitched shingle roof, covered patio, foyer, utility room, and grape vines. Outbuildings include a 2400sf fruit packing barn with 2 cold storage rooms, a 1200sf barn, and a 600sf barn. The orchard trees consist of 15 types of apples, 8 types of peaches, 3 types of nectarines, 5 types of plums, 3 types of prunes, pears, apricots, and cherries. Roughly 60% apples, 20% peaches, 10% pears, and 10% others. Irrigated with open flood irrigation with 10% done in 6'' pipe. Homes are provided natural gas (as of listing) and royalties from gas well operation.
ADDITIONAL INFORMATION
UNCOVER A REAL ESTATE GEM! Riverfront Property with 9+ RV Spaces. Are you looking for a prime piece of real estate that offers both natural beauty and great investment potential? Look no further than this amazing 1+ acre riverfront property for sale in Farmington. With 9 designated RV spaces on the ''upper'' riverfront portion of the property, there is immediate rental potential. The ''lower'' portion of the property is beautifully shaded by large cottonwood trees and has an additional 8+ older/smaller RV spaces that would need improvement. Bring your ideas as the property may also hold further development possibilities. With City of Farmington approval, potential expansions could include adding more spaces, a mini store for the essentials, or perhaps adding amenities to provide guests with even more convenience than the ''in-city'' location and access to the River Trail.
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- 6.00
- MLS#:
- 24-178
- Subdivision:
- Hays Addition
ADDITIONAL INFORMATION
Prime investment opportunity! Six-unit property features one bedroom, one-bathroom units, each designed for comfort and convenience. With its desirable location just minutes from downtown, as well as, itspotential for value appreciation and increase in rental income is an ideal addition to any investment portfolio.
Farmington Real Estate
The median home value in Farmington, NM is $315,000. This is higher than the county median home value of $163,600. The national median home value is $219,700. The average price of homes sold in Farmington, NM is $315,000. Approximately 58.72% of Farmington homes are owned, compared to 28.78% rented, while 12.5% are vacant. Farmington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Farmington real estate agent to arrange a tour today!
Farmington, New Mexico has a population of 45,857. Farmington is more family-centric than the surrounding county with 33.69% of the households containing married families with children. The county average for households married with children is 29.28%.
The median household income in Farmington, New Mexico is $55,179. The median household income for the surrounding county is $49,686 compared to the national median of $57,652. The median age of people living in Farmington is 32.9 years.
Farmington Weather
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 20 degrees. The average rainfall is approximately 11.6 inches per year, with 13.6 inches of snow per year.