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!
For sale
$320,000
503 E Us Route 66, Moriarty, NM 87035
5beds
5baths
2,976sqft
Est.:
Multi Family, Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$108/sqft
$-- HOA
What's special
- 61 days
- on Zillow |
- 240 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2025 at 01:33pm
Listed by:
Richard Hanna 505-332-0522,
Hanna Commercial, LLC 505-332-0522,
Amy N Monarch 505-216-6576,
Hanna Commercial, LLC
Source: SWMLS,MLS#: 1078839

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Other, See Remarks
Cooling
- Evaporative Cooling
Appliances
- Included: Free-Standing Electric Range, Refrigerator
Features
- Flooring: Laminate
- Has basement: No
Interior area
- Total structure area: 2,976
- Total interior livable area: 2,976 sqft
Video & virtual tour
Property
Parking
- Total spaces: 20
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.49 Acres
Details
- Has additional parcels: Yes
- Parcel number: 1048052034300000000
- Zoning description: C-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Block
Condition
- Resale
- New construction: No
Utilities & green energy
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected
Green energy
- Energy generation: None
Community & HOA
Community
- Subdivision: Moriarty Buford
Location
- Region: Moriarty
Financial & listing details
- Price per square foot: $108/sqft
- Annual tax amount: $1,919
- Date on market: 2/24/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Electricity, Gas, Sewer, Trash Collection, Water
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