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503 Us Rt 66

Moriarty, NM 87035
  • $320,000
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 1078839
UPDATED: 192 min ago
$320,000
  • 1
    BEDS
  • 0.49
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 2,976
    SQFT
  • $108
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This updated 5-unit multifamily property in Moriarty, NM, offers a rare chance to own a fully rented income-producing asset with long-term tenants on month-to-month leases. The interiors have been modernized, the exterior refreshed, and essential updates to electrical and sewer systems provide peace of mind. With strong rental demand and room for growth, this turnkey property is ready to generate steady cash flow from day one. Plus, additional lots are available--bundle them for expanded potential or sell separately for added flexibility. Positioned along a major corridor with easy access to Albuquerque, this is a high-visibility, low-maintenance investment with upside potential. APOD available upon request. Act now--opportunities like this don't last!

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IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-03-27T00:05:20.843.
www.albuquerquerealestateservices.com/homes/160814858
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503 Us Rt 66 Moriarty, NM 87035

  • Price: $320,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 192 min ago
  • MLS #: 1078839
1
Beds
1
Baths
0
½ Baths
0.49
Acres
2,976
SQFT
$108
$/SQFT
Neighborhood:
Moriarty Buford
County:
Torrance
Area:
291 - South Moriarty
Property Description
This updated 5-unit multifamily property in Moriarty, NM, offers a rare chance to own a fully rented income-producing asset with long-term tenants on month-to-month leases. The interiors have been modernized, the exterior refreshed, and essential updates to electrical and sewer systems provide peace of mind. With strong rental demand and room for growth, this turnkey property is ready to generate steady cash flow from day one. Plus, additional lots are available--bundle them for expanded potential or sell separately for added flexibility. Positioned along a major corridor with easy access to Albuquerque, this is a high-visibility, low-maintenance investment with upside potential. APOD available upon request. Act now--opportunities like this don't last!
Exterior Features

Construction Materials Block Levels One Parking Total 20

Interior Features

Appliances Free- Standing Electric Range Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Laminate Heating Other See Remarks

Property Features

Additional Parcels YN Yes Builder Name UKN Building Area Total 2976 Green Energy Generation None Gross Income 39000 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional FHA New Construction YN No Operating Expense 8100 Property Condition Resale Property Sub Type Apartment Tax Annual Amount 1919.64 Tenant Pays Electricity Gas Sewer Trash Collection Water Utilities Cable Available Electricity Connected Natural Gas Available Natural Gas Connected Sewer Available Water Available Water Connected Zoning Description C-1

Southwest MLS] logo Listing courtesy of Hanna Commercial, LLC: (505) 332-0522. © 2025 Southwest Multiple Listing Service, Inc.


IDX information © 2025 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Rush Real Estate Group | Realty One of New Mexico. Data last updated: 2025-03-27T00:05:20.843.
 
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Rush Real Estate Group | Realty One of New Mexico
8500 Menaul Blvd. NE, Suite A-240
Albuquerque NM, 87112