207 & 213 Mt Carmel Avenue Socorro, NM $ 125,000
207 & 213 Mt Carmel Avenue
$ 125,000
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207 & 213 Mt Carmel Avenue

Socorro, NM, 87801
$ 125,000
Bedrooms3 Baths3.0 Sq 1,729

Monthly Estimate*

$ 789

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Multi-Family Home for sale in Socorro, NM

for $125,000 with 3 bedrooms and 3 full baths. This 1,729 square foot home was built in 1920 on a lot size of 0.08.

Strong, cash-flowing triplex offering immediate in-place income for the savvy investor. You can't beat the price. This well-located rental property grosses $2,000/month in market rent and comes with a bonus additional lot -- ideal for off-street parking or future unit expansion.Property Highlights: Three (3) 1-bedroom / 1-bathroom units, each featuring its own kitchen, living area, and small private yard -- offering tenants a sense of privacy rarely found in multi-unit properties. Additional adjacent lot included, providing flexibility for off-street parking or potential development of additional rental units -- a valuable upside for future value-add investors. Unbeatable location -- walking distance to the historic Socorro Plaza and all the dining, shopping, and entertainment it offers. New Mexico Tech -- easy walking or biking distance to campus makes this a magnet for steady student and faculty rental demand. Square footage estimated; buyer to verify if material to decision. Offered AS-IS -- a solid opportunity for an investor seeking reliable, in-place income from day one.Please do not disturb tenants. All showings and inquiries by appointment only, respecting current occupants.This is a rare opportunity to acquire a stabilized, income-producing asset in one of Socorro's most desirable rental corridors -- close to everything that makes this growing community special, from its vibrant plaza culture to its ties with NM Tech's thriving academic and research community.

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Multi-Family Active

Price

$ 125,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 432

Style

Lot Size

0.08

Year Built

1920

Town/City

Socorro

County/Region

Socorro

MLS | Web ID

1112002

Features
General
Heating Wall Furnace
Cooling Window Unit(s) Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Appliances Free-Standing Gas Range
Construction Materials Adobe Stucco
Year Built 1920
Tenant Pays None
Stories Count 1
Levels One
Property Subtype Triplex
County Socorro
New Construction false
Property Type Residential Income
Subdivision Name Socorro Grant Sec-21
Green Energy Generation None
Status Active
Directions South on I-25 to Socorro NM. Follow I-25 S to I-25BL/US-60 W/N California St in Socorro. Take exit 150 Continue on I-25BL/US-60 W/N California St. Drive to 207 Mt Carmel Ave
City Socorro
Disclosures Lead Based Paint Disclosure RANM 2100 Disclosure
Zoning Description R-1
Number Of Units Total 3
MLS Area 621 - South Socorro
Lot Size Square Feet 3485
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 432.86
Property Condition Resale
Additional Parcels Y/N true
Builder Name Unknown
Standard Status Active
Year Built Source Assessor
Total Actual Rent 1775
Property Sub Type Additional Triplex
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Carpet Laminate Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
Total Baths 3
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Exterior
Number of Buildings 1
Building Area Total 1729
Lot Size Acres 0.08
Lot Size Source Public Records
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* Excluded Features
List By
Laura J. Tacker

Listing Agent

Dragonfly Capital Re

Broker

Laurasellsnm@outlook.com

Email

Affordability Calculator

$825
Per Month
96%
4%
0%
Monthly Principal & Interest
$789
Monthly Property Taxes
$36
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$125,000 Listed Price

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207 & 213 Mt Carmel Avenue, Socorro, NM, 87801 is a Multi-Family Home for sale at $125,000 with 1,729 sqft and a lot size of 0.08. 207 & 213 Mt Carmel Avenue has 3 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 87801 which is in Socorro, NM