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. .
Sold on 05/21/24
Price Unknown
1277 Jelso Ave, Grants, NM 87020
8beds
4baths
--sqft
Quadruplex, Multi Family
Built in 2012
-- sqft lot
$281,900 Zestimate®
$--/sqft
$1,119 Estimated rent
Home value
$281,900
Estimated sales range
Not available
$1,119/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 21, 2024 at 11:19am
Listed by:
John Lucero 505-507-9671,
Realty One of New Mexico, LLC
Bought with:
Michael J Vernon, REC20220409
Realty One of New Mexico, LLC
Source: SWMLS,MLS#: 1058224
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Forced Air
Cooling
- Refrigerated
Appliances
- Included: Free-Standing Gas Range, Refrigerator
Features
- Flooring: Wood
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,405 sqft
Details
- Parcel number: R16797
- Zoning description: R-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame, Stucco
Condition
- Resale
- New construction: No
- Year built: 2012
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Storage Facilities
Location
- Region: Grants
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2024 | Sold | -- |
Source:  SWMLS #1058224 | ||
| 3/19/2024 | Pending sale | $285,000 |
Source: SWMLS #1058224 | ||
| 3/5/2024 | Listed for sale | $285,000-3.4% |
Source: SWMLS #1058224 | ||
| 2/4/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 12/2/2023 | Listed for rent | $750-6.3% |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $1,172 +0.1% | $34,637 +3% |
| 2022 | $1,171 +3.7% | $33,628 +3% |
| 2021 | $1,129 -17.9% | $32,648 -16.1% |
Find assessor info on the county website
Neighborhood: 87020
Nearby schools
GreatSchools rating
- 6/10Mount Taylor Elementary SchoolGrades: PK-6Distance: 0.7 mi
- 3/10Los Alamitos Middle SchoolGrades: 7-8Distance: 0.4 mi
- 4/10Grants High SchoolGrades: 9-12Distance: 1.5 mi