1012 Wilson Ave Gallup, NM 87301
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 1012 Wilson Ave
- Year built
- 1945
- Property type
- Commercial real estate
Description
This exceptional investment opportunity in Gallup, New Mexico, presents a three-unit property situated on a spacious 7,500 square foot lot. The main house, built in 1945, is complemented by a duplex in the rear, offering significant potential for rental income. The duplex comprises two units: a two-bedroom, one-bathroom unit and a one-bedroom, one-bathroom unit. Both units require rehabilitation to reach their full potential, presenting a chance for value enhancement. The property's location offers convenient access to shopping, dining, Highway 491, and Interstate 40, maximizing its appeal to tenants. Ample parking is available, accommodating both standard vehicles and RVs. Priced at $140,000, this property represents a compelling investment prospect for those seeking to capitalize on the multi-family market in a desirable location. The substantial lot size provides additional development possibilities. This is a rare opportunity to acquire a multi-unit property in a convenient location with significant upside potential. Don't miss out on this chance to add a valuable asset to your portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gallup
- County
- McKinley
- State
- New Mexico
- Longitude
- -108.7563049
- Latitude
- 35.5303358
