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Image 1 - 1005 Walnut Dr, Farmington, New Mexico, 87401 - House for sale

Image 2 - 1005 Walnut Dr, Farmington, New Mexico, 87401 - House for sale

Image 3 - 1005 Walnut Dr, Farmington, New Mexico, 87401 - House for sale

Image 4 - 1005 Walnut Dr, Farmington, New Mexico, 87401 - House for sale

Walnut Dr, Farmington, Home For Sale

1005 Walnut Dr, Farmington, New Mexico, 87401

Walnut Dr, Farmington, Home For Sale

house for sale

Listed: 06/25/24

1005 Walnut Dr, Farmington, New Mexico, 87401

4 Bed:

4 Bath:

Price

$ 275,000

Sold

Show 2 more

About This House

Charming 4-Plex Investment Opportunity!This delightful 4-plex features four well-maintained 1-bedroom, 1-bathroom units, each offering comfort and convenience. Each unit is equipped with its own water heater, evaporative cooler and wall heater, gas, and electric meter, ensuring efficient utility management. Water and sewer services are consolidated on a single meter. All units boast beautiful wood flooring, adding a touch of elegance to the living spaces.The property also benefits from a synthetic, maintenance-free Duralast roof, replaced approximately 12 years ago, ensuring durability and peace of mind.Currently, all units are occupied by long-term tenants, each paying $625 per month on month-to-month leases, providing immediate and consistent rental income. The property includes paved parking for tenant convenience.This is an excellent opportunity for investors looking for a property with stable rental income and well-maintained features. Don't miss out on this charming investment! No RECs

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