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Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202004401
Sold Date 12/14/20
Bedrooms 7
Full Baths 5
HOA Y/N No
Annual Tax Amount $2,216
Tax Year 2019
Lot Size 0.510 Acres
Acres 0.51
Property Description
Great opportunity to purchase a multi-unit property (4-plex) within two miles of the plaza. Close to Baca Railyard, Santa Fe River Trail and the Acequia Trail. Lot has plenty of room for parking and potential for a large garden, or communal area for tenants. Three separate meters on property. Great return on investment. This Four-plex includes: Unit 1 - 3 bedroom, 2 bath | Unit 2 - 2 bedroom, 1 bath | Unit 3 - 1 bedroom, 1 bath | Unit 4 - studio, 1 bath. All units are presently rented; property is sold in “As-Is” condition. Property Analytics (current): Monthly Income $4,750, Yearly Gross Income $57,000, Insurance $1,559, Taxes $2,167, Estimated Maintenance $3,000, Net income $50,274, Cap Rate 9.14%. The above numbers are estimates only and may change and do not include an allowance for vacancies. The property address consists of 1519, 1519 1/2, and 1517 Agua Fria Street.
Location
State NM
County Santa Fe
Area Santa Fe
Interior
Interior Features No Interior Steps
Fireplace No
Exterior
Garage None
Water Access Desc Public
Building
Entry Level One
Water Public
Level or Stories One
Schools
Elementary Schools Aspen
Middle Schools Aspen Community Magnet School K-8
High Schools Santa Fe
Others
Tax ID 011535232
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jennifer A. Pendergrass • Santa Fe Realty Unlimited
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Maya Hiersoux
Broker Associate | License ID: 54287
Broker Associate License ID: 54287