$399,900

602 N Orchard Ave Unit A - F Farmington, NM 87401

Estimated payment $2,322/month

Total Views 5,429
-- Bed
6 Baths
3,385 Sq Ft
$118 Price per Sq Ft

Highlights

  • 1-Story Property
  • Refrigerated and Evaporative Cooling System
  • 4-minute walk to US West Park

About This Home

Get ready to seize an exciting investment opportunity! This charming six-unit property showcases updated cozy one-bedroom, one-bathroom units, perfectly crafted for comfort and ease. Nestled just minutes from the vibrant downtown area, this gem not only boasts a prime location but also offers fantastic potential for value appreciation and increased rental income. It's the perfect addition to elevate your investment portfolio!

Listing Agent

Darin Cahoon

RE/MAX of Farmington License #47191 Listed on: 02/12/2025

RE/MAX of Farmington

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,402

Lot Details

  • Property is in good condition

Home Design

  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6 Full Bathrooms
  • 1-Story Property
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range

Parking

  • 1 Parking Space Included
  • Paved Parking

Schools

  • Mckinley Elementary School
  • Tibbetts Middle School
  • Farmington High School

Utilities

  • Refrigerated and Evaporative Cooling System
  • Heating System Uses Gas

Community Details

  • 6 Units
  • Hays Addition Subdivision

Listing and Financial Details

  • Month-to-Month Lease Term

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,402

Lot Details

0

Listing Details

  • Home Age: 51 +
  • FloodZoneA: Unknown
  • Foreclosed Pre Foreclosed: No
  • Listing Member Name: Darin W Cahoon
  • Listing Office Short Id: 51
  • Number Of Stories: One
  • Open House Office I D: 20060912174654383686000000
  • PendingForeclosure: No
  • Prop. Type: Multi-Family
  • FILLSUBDIVISION: Hays Addition
  • Property Sub Type: Apartment Building Complex
  • Type of Tenancy: Month - Month, One Year Lease
  • UtilSvcInclRent: Sewer, Water
  • Special Features: None

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Basement Bathrooms: 6.00
  • Updated Floor: Crawl Space
  • Unit Features: Unfurnished/All

Exterior Features

  • Property Condition: Good
  • Exterior Construction: Concrete Block
  • Roof: Tar & Gravel

Garage/Parking

  • Parking: Paved Area

Utilities

  • Cooling: Evaporative Window
  • Heating: Gas
  • Security: Dead Bolts, Smoke & Heat Detectr
  • Water and Sewer: City Sewer, City Water

Condo/Co-op/Association

  • Units in Building: 6

Schools

  • School District: 3001 to 3500
  • Elementary School: McKinley Elementary
  • High School: Farmington High School
  • Middle School: Tibbetts Middle School

Lot Info

  • Lot Size: .29 Acres
  • Zoning: Multi-Fam Med Dens

Multi Family

  • Number Of1 Bedroom Units: 6.00
  • Parking Per Unit: One
  • Total Full Baths: 6

Tax Info

  • Tax Year: 2025

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,402 $101,048 $0 $0
2023 $2,402 $68,562 $0 $0
2022 $1,600 $66,566 $0 $0
2021 $1,541 $64,627 $0 $0
2020 $1,550 $65,188 $0 $0
2019 $1,537 $64,953 $0 $0
2018 $1,510 $64,953 $0 $0
2017 $1,490 $64,953 $0 $0
2016 $1,483 $64,953 $0 $0
2015 $1,458 $64,953 $0 $0
2014 $1,457 $66,597 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 For Sale $399,900 -- $118 / Sq Ft
Source: San Juan County Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,000 New Conventional
Source: Public Records

Source: San Juan County Board of REALTORS®

MLS Number: 25-168

APN: 0022786