nvestment opportunity with immediate rental income! Rare chance to acquire two residential properties being sold together for $199,000 at 2706 & 2710 Granada Rd SW. Situated on a .23-acre lot, each property has its own parcel (UPC), electric meter, and sewer connection, with a shared water service.2706 Granada Rd SW features a 2-bedroom, 2-bath single-wide manufactured home (active title), while 2710 Granada Rd SW is a 504 sq ft cinderblock home with 1 bedroom and 1 bathroom.Both properties are tenant occupied through October 31, 2026, with tenants interested in remaining, providing immediate income for the next owner. The homes are currently rented for $900 per month each but market rate would be higher. Investors may choose to renovate and increase rental income or explore replacing the existing manufactured home with a newer model to maximize the property's long-term potential (subject to buyer verification of all requirements).Sold together in as-is condition.
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Zillow last checked:
Listing updated:
Listed by:
Margaret L Henderson505-250-2364,
Momentum Real Estate Group505-515-6500
Source: SWMLS,MLS#: 1108722
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Heating
Forced Air
Cooling
Evaporative Cooling, Window Unit(s)
Appliances
Included: Free-Standing Gas Range, Refrigerator
Laundry: Electric Dryer Hookup
Features
Flooring: Carpet, Laminate, Vinyl
Interior area
Total structure area: 1,500
Total interior livable area: 1,500 sqft
Property
Parking
Total spaces: 6
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Lot
Size: 10,018 Square Feet
Details
Has additional parcels: Yes
Parcel number: 101105517422930844
Zoning description: M-H
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Aluminum Siding, Block
Condition
Resale
New construction: No
Year built: 1950
Utilities & green energy
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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