610 Wilson AveGallup, NM 87301

Property Details for 610 Wilson Ave

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional value-add investment opportunity presents four single-family homes situated on a single lot in Gallup, New Mexico. Priced at $395,000, or $98,750 per unit, this portfolio offers significant potential for rental income. Currently, all four units are vacant and undergoing renovations, including new windows, stucco, and soon-to-be-installed new roofs. While utilities are connected to only one home, individual meters are in place for each property. The properties are sold "as-is," requiring buyer due diligence. Note that there is no cooling system in any of the units, and heating sources vary. Some sewer and water connections have been updated. The zoning is R1. The total square footage, bedroom count, and bathroom count represent the aggregate of all four homes. Lockboxes are available on each unit. While the year built is unknown, this package presents a unique chance to acquire a multi-family rental portfolio in a growing market. The seller is not providing a property disclosure and will not connect any utilities not currently operational. The seller also owns four additional homes that could potentially be included in this package. The APN is 2105088270454.

Location Insight

City

Gallup

County

McKinley

State

New Mexico

Latitude

35.5353

Longitude

-108.733

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