62-64 St. Francis Plaza Active Save Request In-Person Tour Request Virtual Tour
Ranchos De Taos,NM 87557
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202500702
Style Multi-Level
HOA Y/N No
Year Built 1800
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Multi Family
Property Description
Contractor special. A heavy fixer with tremendous upside. Listed at less than $53 per square foot, this property has tremendous upside for renovation and resale; or income potential from leasing the units.
This multi-family property is a unique opportunity to own on vibrant and historic St. Francis Plaza, literally steps away from where Ansel Adams took his famous photo of the rear of the St. Francis de Assisi Mission Church in 1929.
Approximately 7,456 SF with 7 to 8 units (depending on final layout), currently vacant, the property includes both adobe and frame construction.
Over the past several years, the owners have carefully prepared the property for renovation. It now features legal access directly from St. Francis Plaza, a formalized lot split with new survey, and a tentative agreement to access community water. (The property is currently on a private well, with additional surface water rights; and municipal sewer.)
The current owners have also had architectural plans drafted for renovation, performed asbestos abatement and done much of the necessary interior demolition, with the project now ready for permitting. An incredible opportunity for the right buyer!
Location
State NM
County Taos
Zoning Other
Interior
Interior Features Interior Steps
Heating None
Cooling None
Fireplace No
Exterior
Utilities Available Other,See Remarks,Electricity Available
Water Access Desc Other,Private,See Remarks,Well
Roof Type Metal
Accessibility Not ADA Compliant
Private Pool No
Building
Entry Level Multi/Split
Sewer Public Sewer
Water Other,Private,See Remarks,Well
Architectural Style Multi-Level
Level or Stories Multi/Split
Schools
Elementary Schools Taos
Middle Schools Taos Jr High
High Schools Taos High School
Others
Tax ID 1072145389320
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange