About This Home
This 3-bedroom, 2-bathroom single family at 706 1ST St in Gallup, NM is listed for $227,500 ($89 per sqft). Built in 1959, the home offers 2,542 sqft of living space on a 0.27 acres lot.
Key Features
- Built in 1959
- 0.27 acre lot
- Fireplace
Property Details
Amenities
Multi-Family Investment Opportunity: Dual 3-Bedroom Units + Vacant Lot with Storage Discover an excellent income-producing property featuring two separate 3-bedroom residences and additional development/storage potential on a vacant lot. Perfect for investors seeking strong rental cash flow, house hacking, or portfolio expansion.
Property Highlights Main Unit: 3 bedrooms, 2 bathrooms, 1,720 sq ft of living space Second Unit: 3 bedrooms, 1 bathroom, 822 sq ft of living space Total Living Space: Approximately 2,542 sq ft Additional Lot: Vacant parcel included with two storage units already in place ideal for extra rental income, workshop space, or future expansion This multi-family setup offers flexible living arrangements or turn-key rental income.
The larger unit provides spacious family-style living with two full baths, while the smaller unit delivers efficient, cozy accommodations. Both units are well-suited for attracting quality tenants in a steady rental market. Call Michael Mazel.
Monthly Cost Estimate
$1,217/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
706 1ST St
Gallup, NM 87301
Features & Amenities
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 706 1ST St is listed at $227,500 ($89/sqft). The estimated monthly payment is $1,216 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1959, 0.27 acre lot, Fireplace. Exterior Features: Patio Covered.
This property is listed by Michael Mazel and can be reached at 5055196715.
