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    207 Mount Carmel Ave Socorro, NM 87801

    Sponsored
    For Sale
    $119,900

    MULTI_FAMILY - Socorro, NM

    Lot size:
    0.08 Acres
    Days on Market:
    23
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 207 Mount Carmel Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 1
    Bedrooms
    1
    Bathrooms
    1
    APN
    001350000301
    Interior features
    CeilingFans
    Appliances
    FreeStandingGasRange
    Lot size
    0.08 Acres

    Utilities

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

    Building Details

    Floors in Building
    1
    Number of units
    3
    Flooring type
    Carpet, Tile

    exp realty, llc (505) 328-4892 [email protected]

    Listing agent Jeffrey Rose (505) 554-3873 License #18774

    Listing date Dec 19, 2025

    MLS# 1094387 Listing URL

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Socorro Triplex Investor Opportunity

    This triplex in Socorro, NM, presents an investor opportunity with potential for strong cash flow. The property features three units, each with one bedroom and one bathroom, a kitchen, a living area, and a small private yard. Monthly market rent has potential for $1,800-$2,000. A recent inspection identified the need for roof replacement, and the pricing reflects this condition. The property is offered AS-IS. Square footage is estimated. The property is ideal for an investor seeking in-place income with a clearly defined repair item.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Socorro
    County
    Socorro
    State
    New Mexico
    Longitude
    -106.894348
    Latitude
    34.059699

    Nearby Similar for Sale

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    • $629,000

      Historic Building in Socorro Plaza

      Historic 13,000 SF building in Socorro Plaza area.
      105 Manzanares Ave, Socorro, NM 87801
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    • $900,000
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      Socorro Retail Showroom - For Sale/Lease

      Prime Socorro location, 9,000 sq ft, vacant in 2025.
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    FAQs

    What type of property is this?
    Triplex - Cash-flowing triplex with income potential in Socorro, New Mexico.
    Where is this triplex located?
    The property is located at 207 Mount Carmel Ave Socorro, NM.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Strong cash-flowing triplex rental property.; - Potential monthly market rent of $1,800-$2,000.; - Three individual 1 bed / 1 bath units, each with kitchen, living area, and small private yard.
    (505) 205-4175
    Request Owner's contact information
    207 Mount Carmel Ave Socorro, NM 87801
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    Socorro, NM 87801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 Mount Carmel Ave Socorro, NM 87801
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