Description

This well-maintained two-story fourplex in Grants, New Mexico, offers an attractive multifamily investment opportunity at $67,500 per unit. The property consists of four spacious residential units, each approximately 650 square feet and featuring two bedrooms and one bathroom. The interiors are designed for durability and tenant appeal, with tile flooring in wet areas and plank flooring or carpet in the bedrooms. Each unit is equipped with updated kitchen appliances, creating a modern, low-maintenance living environment, while ceiling fans in the bedrooms enhance resident comfort. In addition to its existing income potential, the property offers a valuable value-add opportunity through unfinished tenant storage spaces located at the end of the building. Completing these storage units could generate additional rental income or provide dedicated storage for owner use, further enhancing the property's long-term investment potential. Combining a functional unit mix, updated interiors, and future upside opportunities, this fourplex is well positioned for stable occupancy and consistent cash flow.