$275,000

818 Granada St Socorro, NM 87801

Estimated payment $1,576/month

Total Views 19
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ductless Heating Or Cooling System
  • Tile Flooring
  • Property has 1 Level
  • San Antonio Elementary School Rated 10
  • Heating Available

About This Home

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.

Listing Agent

Janessa Lerma

Realty One of New Mexico License #53076 Listed on: 02/18/2026

Realty One of New Mexico

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1940

Lot Details

  • 0.47 Acre Lot

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • Property has 1 Level
  • Range Hood

Flooring

  • Carpet
  • Tile

Utilities

  • Ductless Heating Or Cooling System
  • Evaporated cooling system
  • Refrigerated Cooling System
  • Heating Available
  • Natural Gas Connected

Community Details

  • 4 Buildings
  • 4 Units
  • Built by uknown
  • Bagley Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0010550019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,920

Year Built

Built in 1940

Lot Details

0.47 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions: South on California, west on Spring St, Left on Hwy
  • Year Built: 1940
  • Lot Size Acres: 0.47
  • Subdivision Name: BAGLEY ADDITION
  • Unit Levels: One
  • New Construction: No
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Flooring: Carpet, Carpet Free, Tile
  • Appliances: Range Hood
  • Stories: 1
  • Number Of Buildings: 4
  • Accessibility Features: None

Exterior Features

  • Disclosures: Lead Based Paint Disclosure, RANM 2100 Disclosure
  • Builder Name: uknown
  • Construction Type: Stucco
  • Property Condition: Resale

Utilities

  • Cooling: Ductless, Evaporative Cooling, Multi Units, Refrigerated
  • Heating: Ductless, Other
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes

Green Features

  • Green Power: None

Lot Info

  • Lot Size Sq Ft: 20473.0
  • Parcel #: 0010550019
  • Zoning Description: MU-A

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Owner Pays: Other, See Remarks

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1920.38

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $275,000 -- --
Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

Source: Southwest MLS (Greater Albuquerque Association of REALTORS®)

MLS Number: 1098535

Southwest MLS (Greater Albuquerque Association of REALTORS®)
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