302 E Coal Avenue, Gallup, NM 87301
302 E Coal Avenue, Gallup, NM 87301
302 E Coal Avenue, Gallup, NM 87301
302 E Coal Avenue, Gallup, NM 87301
302 E Coal Avenue, Gallup, NM 87301
302 E Coal Avenue, Gallup, NM 87301
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$ 129,000
Est. payment | /mo

2 Beds

3 Baths

4,257 SqFt


Save
$ 129,000
Est. payment | /mo
Save

2 Beds

3 Baths

4,257 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Unit 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 4,257 sqft

Price per Sqft $30

MLS Listing ID 20254073

Style 1 Story,Bung-a-low,Conventional

Bedrooms 2

Tax Year 2024

Lot Dimensions .47

Property Sub-Type Multi Unit 2-4

Property Description

Prime 4-Unit Multi-Family Investment Opportunity Discover an exceptional income-producing property in a desirable location, perfect for investors or owner-occupants seeking rental income. This 4-unit multi-family property, situated on a spacious 0.47-acre lot, offers a diverse mix of living spaces to attract a variety of tenants. With a total of 4,257 square feet of living space across four distinct units, this property is a rare find with strong rental potential. Property Details: • House #1: Spacious 3-bedroom, 1-bathroom home with 1,509 sq. ft. of living space. Ideal for families or professionals, this unit boasts generous room sizes and a comfortable layout, perfect for long-term tenants. • House #2: Cozy 2-bedroom, 1-bathroom home offering 1,156 sq. ft. of living space. This charming unit provides a warm and inviting atmosphere, appealing to small families or couples. • Apartment #1: Expansive 4-bedroom, 1-bathroom apartment with 750 sq. ft. of living space. Perfect for larger households or shared living arrangements, this unit maximizes space and functionality. • Apartment #2: Modern 2-bedroom, 1-bathroom apartment featuring 842 sq. ft. of living space. This unit offers a contemporary layout, ideal for young professionals or small families. Property Highlights: • Large Lot: Situated on a generous 0.47-acre parcel, providing ample outdoor space for tenant enjoyment, potential landscaping. • Versatile Income Potential: Four distinct units offer flexibility for rental income, with a mix of larger and smaller units to attract diverse tenants. • Well-Maintained: Each unit is designed for low-maintenance living, ensuring ease for property management and tenant satisfaction. • Prime Location: Conveniently located in downtown Gallup making it highly desirable for renters. Whether you're looking to expand your real estate portfolio or secure a property with steady cash flow, this multi-family gem offers endless possibilities. Don't miss out on this rare opportunity to own a versatile, income-generating property with strong market appeal. Contact us today to schedule a viewing or for more information!

Location

State NM

County Mckinley County

Area New Mexico Mls

Rooms

Other Rooms Family, Utility

Interior

Heating Central Forced Air, Wall Furnace, Floor Furnace

Flooring Carpet, Hardwood, Laminated, Tile, Vinyl

Fireplaces Type Masonry

Inclusions Attic, Basement, Ceiling Fan, Unfinished Basement

Appliance Range-Free Standing, Refrigerator

Laundry Yes

Exterior

Utilities Available Electricity, Natural Gas, Sewer, Water-City, Wi-Fi, Garbage, Cable

Roof Type Metal,Shingles,Down Spouts

Building

Structure Type Brick,Masonry,Siding,Stucco

Others

SqFt Source County

Acceptable Financing Cash

Listing Terms Cash

Listed by KELLER WILLIAMS REALTY GALLUP LIVING
Mindy Longmire
Mindy Longmire

Owner/Qualifying Broker | License ID: NM19417

+1(575) 626-5411 | mindy@dynamicpropertiesofnm.com

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302 E Coal Avenue