1277 Jelso Avenue Grants, NM ^$ 285,000

1277 Jelso Avenue

^$ 285,000

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1277 Jelso Avenue

Grants, NM, 87020

^$ 285,000

Bedrooms2 Baths1.0

Monthly Estimate*

^$ 1,991

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Multi-Family Home for sale in Grants, NM

for $285,000 with 2 bedrooms and 1 full bath. This home was built in 2012 on a lot size of 0.17.

Great investment opportunity for investors. This property is also available for FHA financing as long a buyer lives in one of the units. All four units are renovated and ready for market rent. The fourplex is 100% occupied so the rents can offset the mortgage payment. The fourplex is also located near Well's Park, Junkyard on 66 Brewery, Cibola General Hospital and all of the Schools in Grants. The property is also near the correctional facilities & the waste management facility which is attractive to the Grants residents for employment opportunities. .

Multi-Family Pending

Price

^$ 285,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,171

Style

Quadruplex

Lot Size

0.17

Year Built

2012

Town/City

Grants

County/Region

Cibola

MLS | Web ID

1058224

Features

General

Heating Central ForcedAir

Cooling Refrigerated

Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected

Appliances FreeStandingGasRange Refrigerator

Construction Materials Frame

Year Built 2012

Tenant Pays Electricity Gas Water

Stories 2

Levels Two

Property SubType Quadruplex

Community Features StorageFacilities

County Cibola

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Green Energy Generation None

Status Pending

Directions Take Route 66 East to McBride & Redondo. Drive North on Redondo to Jelso. The fourplex is on the corner of Redondo & Jelso.

City Grants

Buyer Agent Compensation 3%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-1

Total Units 4

MLS Area 390 - Cibola

Lot Size Square Feet 7405.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Jelso

Listing Terms Cash Conventional FHA

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1171.98

Home Warranty Y/N N

Property Condition Resale

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 14

Builder Name Unknown

Standard Status Pending

Property Sub Type Additional Quadruplex

Interior

Flooring Wood

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Total Bedrooms 2

Electric On Property Y/N N

Total Baths 1

Exterior

Number of Buildings 1

Spa N

Lot Size Acres 0.17

Lot Size Source PublicRecords

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

John Lucero

Listing Agent

Realty One Of New Mexico, Llc

Broker

johnlucerorealtor@gmail.com

Affordability Calculator

$2,088

Per Month

Monthly Principal & Interest: $1,991
Monthly Property Taxes: $98
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Grants, NM

Average List Price ^$285,000

Percent of Sale Price 0%

About Grants, NM

9,380 Population

2% Since 2002

^$35,053 Median Income

36.03 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

537023 Elementary School

537125 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2024	$285,000		Listed Price

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1277 Jelso Avenue, Grants, NM, 87020 is a Multi-Family Home for sale at $285,000 with a lot size of 0.17. 1277 Jelso Avenue has 2 bedrooms, 1.0 baths, and was built in 2012. The property's zip code is 87020 which is in Grants, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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1277 Jelso Avenue

Multi-Family Home for sale in Grants, NM

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