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    1925 Arroyo De Las Cruces

    Santa Fe, NM 87505
    • $330,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 202004711
    UPDATED: 167 min ago
    $330,000
    • 3
      BEDS
    • 0.22
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,756
      SQFT
    • $188
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    County:

    School Information

    Elementary School:
    High School:

    Description

    Great investment opportunity to purchase a multi-unit property (3-plex), within three miles of the plaza. Close to Santa Fe River Trail, the Acequia Trail and Frenchies park. Three 1 bedroom 1 bath rental units. Solid rental history. Lots of off-street parking, separate laundry room with coin operated washer and dryer for tenants. All units have fenced in yards.This property was originally a mobile home, expanded and assessed as real property by Santa Fe County Assessor's Office in 2004. All units are presently rented; property is sold in "As-Is" condition. Property Analysis (current) - Monthly Income: $2,850, Yearly Gross Income: $34,200, Insurance $789.00, Current Taxes $1,817 (estimated taxes based on listing price are $2,643.41), Estimated Maintenance $3,000, Net income $28,594, Cap Rate 8.66%. The above numbers are estimates only, may change, and do not include an allowance for vacancies.

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    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Summit Group Real Estate Professionals are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-12-03T23:51:44.87.
    www.summitgroupnm.com/homes/111600836
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    1925 Arroyo De Las Cruces Santa Fe, NM 87505

    • Price: $330,000
    • Status: Active
    • Updated: 167 min ago
    • MLS #: 202004711
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.22
    Acres
    1,756
    SQFT
    $188
    $/SQFT
    Neighborhood:
    4N-Sf City Limit Swn
    County:
    Santa Fe
    Area:
    4N-Sf City Limit Swn
    Elementary School:
    Aspen
    Middle School:
    Aspen Community Magnet School K-8
    High School:
    Santa Fe
    Property Description
    Great investment opportunity to purchase a multi-unit property (3-plex), within three miles of the plaza. Close to Santa Fe River Trail, the Acequia Trail and Frenchies park. Three 1 bedroom 1 bath rental units. Solid rental history. Lots of off-street parking, separate laundry room with coin operated washer and dryer for tenants. All units have fenced in yards.This property was originally a mobile home, expanded and assessed as real property by Santa Fe County Assessor's Office in 2004. All units are presently rented; property is sold in "As-Is" condition. Property Analysis (current) - Monthly Income: $2,850, Yearly Gross Income: $34,200, Insurance $789.00, Current Taxes $1,817 (estimated taxes based on listing price are $2,643.41), Estimated Maintenance $3,000, Net income $28,594, Cap Rate 8.66%. The above numbers are estimates only, may change, and do not include an allowance for vacancies.
    Exterior Features

    Construction FrameModule-Built Off-SiteStucco Garage Type None Guest House No Levels Single Off Street Parking 6 River Front No Roof Metal - PropanelPitched Style North New Mexico Substructure Crawl SpaceSlab

    Interior Features

    Appliances DishwasherDisposalDryerRange/OvenRefrigeratorWasher Cooling RefrigeratorWindow Fireplace No Floor LaminateTile Heating Gas Interior Steps Yes Sq Ft Heated Approx 1751 - 2000 Sq Ft Main House 1756

    Property Features

    Ada Compliant No Age Unknown Assessments And Other Fees N/A Authority Santa Fe City Bank Owned No Documents On File Sellerã¢Â‚¬Â„¢S DisclosuresTax Levy CertificateLead Based Paint Addendum Electric Public Estimated Future Tax 2643.41 Fractional Ownership No Gas Natural High Speed Available Cable Hoa No Horse Property No Lot Size Source Tax Data Possession Upon Funding Property Subtype X-Plex Right Of First Refusal No Sewage City Short Sale No Tax Year 2019 Taxes 1817.2 Terms Cash Trade No Vow Address Display Yes Water City Water Rights No

    Listing provided courtesy of Stephen Hardy of Hardy & Company. © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


    © 2020 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than Summit Group Real Estate Professionals are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2020-12-03T23:51:44.87.
     
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    Summit Group Real Estate Professionals
    433 Paseo De Peralta Suite 200
    Santa Fe NM, 87501