818 Granada Street Socorro, NM $ 275,000
818 Granada Street
$ 275,000
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818 Granada Street

Socorro, NM, 87801
$ 275,000
Baths0.0

Monthly Estimate*

$ 1,693

818 Granada Street, Socorro, NM 87801 - Image 1
818 Granada Street, Socorro, NM 87801 - Image 2
818 Granada Street, Socorro, NM 87801 - Image 3
818 Granada Street, Socorro, NM 87801 - Image 4
818 Granada Street, Socorro, NM 87801 - Image 5
818 Granada Street, Socorro, NM 87801 - Image 6
Studio

Multi-Family Home for sale in Socorro, NM

for $275,000. This home was built in 1940 on a lot size of 0.47.

Great investment opportunity! Four-unit property being sold as-is. Two units currently require rehabilitation, offering strong value-add potential for investors or buyers looking to renovate and increase rental income.Due to the current condition, the property is best suited for cash or investor financing. Traditional conventional or FHA financing typically requires all units to be fully habitable prior to closing.A renovation loan (such as an FHA 203k) may be an option for owner-occupant buyers, which allows repairs to be financed into the loan; however, this process involves contractor bids, lender approval, and renovation oversight prior to closing.Contact listing agents for details and improvement potential.

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Multi-Family Active

Price

$ 275,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,920

Style

Lot Size

0.47

Year Built

1940

Town/City

Socorro

County/Region

Socorro

MLS | Web ID

1098535

Features
General
Heating Ductless Other
Cooling Ductless Evaporative Cooling Multi Units Refrigerated
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Range Hood
Construction Materials Stucco
Year Built 1940
Tenant Pays Electricity Gas Trash Collection Water
Stories Count 1
Levels One
Property Subtype Quadruplex
Accessibility None
County Socorro
New Construction false
Property Type Residential Income
Subdivision Name BAGLEY ADDITION
Green Energy Generation None
Status Active
Directions South on California west on Spring St Left on Hwy
City Socorro
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description MU-A
Number Of Units Total 4
MLS Area 621 - South Socorro
Lot Size Square Feet 20473
Listing Terms Cash Conventional VA Loan
Tax Annual Amount 1920.38
Property Condition Resale
Builder Name uknown
Standard Status Active
Property Sub Type Additional Quadruplex
Legal Description BAGLEY ADDITION Lot: 15 Block: B Subd: BAGLEY ADDITION Lot: 16 Block: B SOUTH 40 OF LOT Subd: BAGLEY ADDITION Lot
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Interior
Flooring Carpet Carpet Free Tile
Air Conditioning Y/N true
Heating Y/N true
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Exterior
Number of Buildings 4
Lot Size Acres 0.47
Lot Size Source Public Records
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* Excluded Features
List By
Janessa Lerma

Listing Agent

Realty One Of New Mexico

Broker

janessalerma@gmail.com

Email

Affordability Calculator

$1,853
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,693
Monthly Property Taxes
$160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/19/2026$275,000 Listed Price

Map


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818 Granada Street, Socorro, NM, 87801 is a Multi-Family Home for sale at $275,000 with a lot size of 0.47. 818 Granada Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 87801 which is in Socorro, NM