Turnkey Rental Property w/ Expansion Potential
I’m selling my cash-flowing 4.83-acre property in Socorro, NM (inside city limits) with infrastructure and zoning approval for 7 additional mobile homes.
🔹 What’s Included:
- (1) 1BR/1BA single-family home (~900 sqft)
- (1) 2BR/2BA mobile home (~950 sqft)
→ Both currently rented, bringing in $1,825/month total
→ City water, sewer, and gas in place for new units
🔹 Financials:
- Asking $350,000
- Annual taxes ≈ $1,500
📍 Located near NM Tech and downtown Socorro. Perfect for investors looking for plug-and-play income with infill potential. Great long-term hold or expansion project.
DM me for more information - I am the owner