1241 Jelso Ave Grants, NM 87020

This exceptional investment opportunity presents a well-maintained four-unit multifamily property located at 1241 Jelso Avenue in Grants, New Mexico, 87020. The property, built in 1980, sits on a sizable 6,300 square foot lot. Currently boasting 100% occupancy, this 4-plex generates a consistent monthly rental income of $2,900, thanks to long-term leases in place. Each of the four units features bright and spacious living areas and cozy bedrooms, appealing to a wide range of tenants. Recent upgrades significantly enhance the property's value and longevity. The roof, furnaces, and most of the evaporative coolers were replaced approximately four years ago, minimizing future maintenance concerns. This turnkey investment is ideal for those seeking a stable and profitable addition to their rental portfolio. The asking price for this exceptional property is $313,956. The property's location in Cibola County offers convenient access to local amenities and services. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. Don't miss out on this chance to secure a strong return on your investment.