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2 Beds
2 Baths
1,000 sqft

$125,000

715 Iron, Grants NM, 87020

Price per sqft$125.00
Built in1989
Property size1,000 sqft
Property typeTownhomes
Courtesy of Jason Valentine with Coldwell Banker High Desert Realty

Overview

Active

Listed Aug 28, 2026

Updated 26h ago

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.

$832/mo

Est. mortgage payment based on a $125,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26000929

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$684
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No
MLS provider logo

Property information should be verified by buyer. Listing information provided in part by the New Mexico Association of REALTORS®. Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the New Mexico Association of REALTORS®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Candice Banks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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