Active

207 & 213 Mt Carmel Avenue

Socorro, NM 87801
Mark as Favorite
Bed 3

Bed

Bath 3

Bath

SqFt1,729

Sqft

Acres0.08

Acre(Lot)

Strong, cash-flowing triplex offering immediate in-place income for the savvy investor. You can't beat the price. This well-located rental property grosses $2,000/month in market rent and comes with a bonus additional lot -- ideal for off-street parking or future unit expansion.Property Highlights: Three (3) 1-bedroom / 1-bathroom units, each featuring its own kitchen, living area, and small private yard -- offering tenants a sense of privacy rarely found in multi-unit properties. Additional adjacent lot included, providing flexibility for off-street parking or potential development of additional rental units -- a valuable upside for future value-add investors. Unbeatable location -- walking distance to the historic Socorro Plaza and all the dining, shopping, and entertainment it offers. New Mexico Tech -- easy walking or biking distance to campus makes this a magnet for steady student and faculty rental demand. Square footage estimated; buyer to verify if material to decision. Offered AS-IS -- a solid opportunity for an investor seeking reliable, in-place income from day one.Please do not disturb tenants. All showings and inquiries by appointment only, respecting current occupants.This is a rare opportunity to acquire a stabilized, income-producing asset in one of Socorro's most desirable rental corridors -- close to everything that makes this growing community special, from its vibrant plaza culture to its ties with NM Tech's thriving academic and research community.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $125,000

AD Id : 91682187

MLS Id : 1112002

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 1,729 Sq. Ft

Tax Amount : $432.86

Year Built : 1920

County : Socorro

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 3
  • Flooring Information

    Carpet, Laminate, Vinyl
  • Interior Features

    Ceiling Fan(s) Appliances: Free-Standing Gas Range
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Ceiling Fan(s), Window Unit(s)

  • Building Information

    Year Built: 1920 Building Area Total: 1729 Construction Materials: Adobe, Stucco Stories: 1 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.08 Lot Size Source: Public Records Lot Size Square Feet: 3485

    Property Information

    Subdivision: Socorro Grant Sec-21 Source Property Type: Residential Income Zoning Description: R-1 Property SubType: Triplex Levels: One Property Age: 106

  • Listing Price Information

    Listing Price: $125000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 0013500003 Annual Tax: $432.86

  • Utility Information

    Natural Gas Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: South on I-25 to Socorro, NM. Follow I-25 S to I-25BL/US-60 W/N California St in Socorro. Take exit 150 Continue on I-25BL/US-60 W/N California St. Drive to 207 Mt Carmel Ave
Sell a home like this and save $7,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Southwest Multiple Listing Service. 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. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Southwest Multiple Listing Service. All Rights Reserved.

ByOwner last updated this listing 10/06/2026 @ 23:30

MLS: 1112002 LISTED BY: Laura Tacker, Dragonfly Capital RE 505-948-0377 SOURCE: Southwest MLS (Greater Albuquerque Association of REALTORS)

Homes around $125,000

Selling? Save $7,001 when you sell a home like this

Tour with a ByOwner Agent