Prime investment opportunity in the heart of Kirtland! This rare $445,000

Home For Sale near San Juan River

Prime investment opportunity in the heart of Kirtland! This rare 3.3 acre parcel is down the street from McDonald's, on a dead end road, offering excellent visibility, convenience, and long-term potential. The property provides multiple avenues for expansion and increased income. The vacant portion offers the potential to build a duplex, add a mobile home, or further develop additional rental opportunities (buyer to verify). The income-producing rentals include a 3 bedroom, 2 bathroom site-built home with fresh interior paint coming soon, a 1 bedroom, 1 bathroom site-built home featuring all new appliances, and a 3 bedroom, 2 bathroom mobile home that is taxed as personal property, with title to be transferred at time of sale. Additional improvements include seven storage units, fencing and livestock pens, a horse pen, and a chicken pen, making this property ideal for rural living within town limits or a mixed-use investment. The land can accommodate livestock and is well-suited for a variety of uses. Utilities include electric through the City of Farmington, gas with NM Gas Company, and water through Lower Valley Water Tap. Water rights are available through Farmers Mutual Ditch Pumping Rights. All three septic systems have been maintained and are currently in use, with public sewer taps available in the street for future development. All 3 homes are on separate septic's however city sewer is available. If you didn't want the cozy little farm life, this would be a perfect development for a tiny home village or even a mobile home park. The property also features established fruit trees and vines, including peach, apricot, apple, cherry, mixed fruit, red and green grapes, and raspberries, adding both charm and functionality. There is so much room for the possibilities. Rentals alone will pay your mortgage. Addresses include 9,23,21&25.