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Property profile & analytics
OFF-MARKET
Commercial real estate

918 High St Grants, NM 87020

Built 1950
Property ID
US61-1228567
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained duplex located at 918 E High Street in Grants, New Mexico, zip code 87020. Built in 1950, this special purpose property offers two identical units, each boasting two bedrooms and one bathroom. The units are equipped with attractive hardwood floors throughout, adding to their charm and appeal. Individual electric and gas meters are installed for each unit, providing separate utility billing and cost control for both occupants or investors. A shared water line efficiently manages water usage. For climate control, each unit is fitted with a swamp cooler, offering effective cooling during the warmer months. The property features a durable metal roof, ensuring long-term protection and minimizing maintenance costs. Its convenient location places it just minutes away from a variety of shopping centers and local amenities, enhancing its desirability and rental potential. This duplex presents a compelling investment opportunity, equally suitable for generating rental income or accommodating multi-generational living arrangements. The asking price is $139,900. Don't miss this chance to acquire a well-maintained, income-producing property in a desirable New Mexico location.

Property profile
Verified
Property type Commercial real estate
Year built 1950
UPID US61-1228567
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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