715 Iron, Grants, NM 87020

Property Description

Opportunity knocks at 715 Iron Avenue! Offered at an affordable price, this 2-bedroom, 2-bath home provides a great opportunity for an investor, renovation-minded buyer, or purchaser looking to explore rehabilitation financing and create a home of their own. With approximately 1,000 square feet, the home features a wood-burning fireplace in the living room, an eat-in kitchen with plenty of cabinetry, an attached garage, laundry area, and a fenced backyard with mature trees and patio space. A pitched metal roof, city water and sewer, natural gas, and no HOA add to the property's potential. The home does need repairs and updating, which has been reflected in the asking price. Rather than leaving buyers guessing, the seller is in the process of obtaining bids for the work needed so prospective purchasers can better understand the scope and potential cost of improvements. For the right buyer, this could be an opportunity to renovate, personalize, and potentially build equity instead of paying a premium for someone else's improvements. Investors may also appreciate the property's manageable size and straightforward floor plan. Bring your ideas and see what this property could become. Buyers interested in renovation or rehabilitation financing should consult with their lender regarding available loan programs and property eligibility.