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Two Multifamily Buildings For Sale

101 & 111 North 3rd Street Belen, NM 87002

101 & 111 North 3rd Street, Belen, NM, 87002
Contact for pricing
For Sale
Contact for pricing
Pending

Two separate multifamily properties are offered together, each with multiple units and covered carport parking.

Property Size3,500 SF
Lot Size0.47 Acres
Days on Market102

Property Features for 101 & 111 North 3rd Street

General Information

Standard status
Pending
Size
3,500 SF
Lot size
0.47 Acres
Property subtype
Multifamily
Listing agency Sachs 5th Real Estate
Listed by Sonya Sanchez · License #NM 32307
Source Crexi
Added: Apr 11 Updated: Jul 20 at 6:28PM Checked: Jul 21 at 6:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sachs 5th Real Estate


Investment Insights

Based on property information with market context.

Two separate multifamily buildings at 101 and 111 North 3rd Street are offered for sale together. The property at 111 North 3rd features four two-bedroom units within an approximate 3,500-square-foot building on a 0.22-acre lot, with carport-covered parking areas anchored on each side. The property at 101 North 3rd includes four one-bedroom units plus three boarded efficiencies on a 0.25-acre lot, with some mechanical updates in place.

The buildings have separate utility metering: each complex has separate utility meters for the units and one water meter per complex. The 111 North 3rd building has a recent roof and some mechanical updates. Some units have washer/dryer hookups.

The seller notes the current offering must be sold together and describes the arrangement as potentially suitable for an owner-user; the property is currently operated with long-term tenants on month-to-month terms.

Key Highlights

  • Offered together: two separate multifamily properties at 111 N 3rd and 101 N 3rd
  • 111 N 3rd features 4 two‑bedroom units in an approx. 3,500 SF building on a 0.22‑acre lot
  • 111 N 3rd includes covered carport parking areas and a recent roof plus some mechanical updates

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Grocery & Convenience Store Dental Office Garden Center (Bike/Boat/Book/etc) Store Daycare Center Skin Care Clinic

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

FAQs

What type of property is this?
Apartment building - Two separate multifamily properties are offered together, each with multiple units and covered carport parking.
Where is this apartment building located?
The property is located at 101 & 111 North 3rd Street Belen, NM.
What are key features of this property?
This property features: Offered together: two separate multifamily properties at 111 N 3rd and 101 N 3rd; 111 N 3rd features 4 two‑bedroom units in an approx. 3,500 SF building on a 0.22‑acre lot; 111 N 3rd includes covered carport parking areas and a recent roof plus some mechanical updates
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