760 Valentine Rd Farmington, NM 87401
This exceptional multifamily investment opportunity in Farmington, New Mexico, presents a meticulously remodeled property at 760 Valentine Road, encompassing three units. The property boasts a total of six bedrooms and three bathrooms, thoughtfully distributed across the main house and a separate rental unit. Two bedrooms are conveniently located in the basement. The main residence features three distinct living areas, enhancing comfort and versatility. Enjoy the warmth of two pellet stoves on chilly evenings. Recent upgrades include brand new windows throughout, completely renovated bathrooms, fresh flooring, and new window shades. Outdoor amenities include a relaxing hot tub, a charming gazebo, and three expansive decks, perfect for entertaining or enjoying the stunning valley views. The property also benefits from newer fencing, ensuring privacy and security. Utilities are provided by the city, supplemented by a septic system for the apartment above the garage. A private well supports irrigation needs. For those with equestrian interests, a horse arena is a unique feature. Additional storage is abundant, thanks to a Quonset hut. The property's secluded location offers tranquility while remaining conveniently close to the town of Farmington. The address encompasses 760, 750, and 750A Valentine Road. The lot size is not specified. This property is a must-see for investors seeking privacy and a strong rental income stream. MLS# 24-969.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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