1031-1035 SMITH Lane, Farmington, NM 87401

$249,900
Property Type: Residential Income Baths: 4 Status: Active
Current Price: $249,900 List Date: 6/19/2026 Last Modified: 7/08/2026

Overview

Description

Addresses to include 1031, 1033 and 1035 Smith Lane. Great income, this property consists of an old laundromat that is 2190 sq. ft., a site built house that is a 2 BR, 1 Bath, 2 living areas, approx. 1514 sq. ft., which owner currently does not occupy, plus 3 older single MH's that are 2 BR, 1 bath, they all pay their own utilities except water which runs around $380 a month, there also is another MH space where you can put an RV or single wide back in. needs some TLC. Centrally located and could be a money maker for the right person. Owner will consider REC with large down.

Listing Details MLS# 26-716

Location, Tax & Legal

Area
6I
Street Number
1031-1035
Street Name
SMITH
Street Suffix
Lane
County
San Juan
State/Province
NM
Postal Code
87401
Subdivision
None
Elementary School
Animas Elementary
Middle School
Hermosa Middle School
High School
Farmington High School
Legal
THE NORTH 227 FT OF THE NWNWSE OF 112913, BEG N69-36-E 295 FT FROM THE INTERSECTION OF N LINE US 550 AND W LINE OF S
Annual Taxes
802.12
Pending Foreclosure
No
Foreclosed
No
Relocation
No
Short Sale
No
Offer Letters Accepted
N

Listing Info

GRT Location Code
16-121

Property Information

Sub Type
Multi Family
For Sale
Sale
Realtor.com Type
Multi-Family
Age
51 +
Total Living Area
3001 to 3500
Approx. SqFt
3200
# of 2 Bedroom Units
4
# of Units
4
Total Full Baths
4
Total Bathrooms
4
Gross Months Rent
1600
# of 1 Bedroom Units
0
# of 3 Bedroom Units
0

Status Change Info

Status Change Date
2026-06-19

Remarks & Misc

Public Remarks
Addresses to include 1031, 1033 and 1035 Smith Lane. Great income, this property consists of an old laundromat that is 2190 sq. ft., a site built house that is a 2 BR, 1 Bath, 2 living areas, approx. 1514 sq. ft., which owner currently does not occupy, plus 3 older single MH's that are 2 BR, 1 bath, they all pay their own utilities except water which runs around $380 a month, there also is another MH space where you can put an RV or single wide back in. needs some TLC. Centrally located and could be a money maker for the right person. Owner will consider REC with large down.

Zoning

Multi-Fam Low Dens
Yes

More Information

Possession

Recording
Yes

Operating Expenses

Real Estate Taxes
Yes
Sanitation
Yes
Sewer & Water
Yes

Condition

Fair
Yes

Type Tenancy

Month - Month
Yes

Parking

Carport
Yes
Paved Area
Yes
Street Parking
Yes

Parking Per Unit

Two
Yes

Flood Zone A

No
Yes

Number of Stories

One
Yes

Construction

Frame
Yes
Other
Yes

Roof

Compsition (Asp/Shg)
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Cooling

None
Yes

Appliances

Oven/Range
Yes
Refrigerator
Yes

Util/Svc incl Rent

Sewer
Yes
Trash Collection
Yes
Water
Yes

Unit Features

Fenced Area
Yes
Unfurnished/All
Yes
Washer/Dryer Hkups
Yes

Miscellaneous

Separate Meters
Yes

Water & Sewer

City Sewer
Yes
City Water
Yes

Occupied

Leased/Rented
Yes
Vacant
Yes

Sign on Property

Yes
Yes

How To Show

Lockbox
Yes
Notice Required
Yes
See Remarks
Yes

Property Features

Zoning: Multi-Fam Low Dens Operating Expenses: Real Estate Taxes; Sanitation; Sewer & Water Condition: Fair Type Tenancy: Month - Month Parking: Carport; Paved Area; Street Parking Parking Per Unit: Two Number of Stories: One Construction: Frame; Other Roof: Compsition (Asp/Shg) Heating: Forced Air; Natural Gas Cooling: None Appliances: Oven/Range; Refrigerator Unit Features: Fenced Area; Unfurnished/All; Washer/Dryer Hkups Miscellaneous: Separate Meters Flood Zone A: No Possession: Recording Occupied: Leased/Rented; Vacant How To Show: Lockbox; Notice Required; See Remarks Sign on Property: Yes
IDX
Listing Office: RE/MAX of Farmington
Listing Agent: Elizabeth M Tafoya
Last Updated: July - 08 - 2026
The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ('IDX') program of SJCBR, Inc. Real estate listings held by brokers other than [ insert IDX Subscriber's firm name here] are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. The information contained in this publication is subject to change without notice. SJCBR, INC. Makes no warranty of any kind with regard to this material, including, but not limited to, the implied warranties of merchantability and fitness for a particular purpose. SJCBR, INC. Shall not be liable for errors contained herein or for any damages in connection with the furnishing, performance, or use of this material.

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