1925 Arroyo de las Cruces

$330,000

1 of 11

1925 Arroyo de las Cruces

$330,000

  • 3 beds
  • 3 baths
  • 1756 sqft

Contact Presenting Broker

    Bell Tower

    505.670.9486

    Key Features

    • MLS: 202004711
    • Status: Sold
    • Price: $330,000
    • Bedrooms: 3
    • Full Baths: 3
    • Area: 4N-SF City Limit SWN
    • Type: Multi Family
    • Acres: 0.22
    • Total Sqft: 1,756
    • Sell Date: 02-03-2021
    • Listing Agency: Hardy & Company
    • Selling Agency: NON MEMBER

    About this Property

    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 Frenchie's 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.

    Additional Features

    • Type Multi Family
    • Stories One story
    • Style North New Mexico
    • Days On Market 36
    • Garage TypeNone
    • Parking FeaturesNone
    • Interior FeaturesInterior Steps
    • Water SourcePublic
    • SewageCity

    Neighborhoods

    Santa Fe City Southwest

    Santa Fe city southwest, the largest area of Santa Fe and still growing…. West Side This older, family community boasts an eclectic mix of commercial development and mid-priced adobe structures. St. Anne's church and Larragoite elementary school help create a neighborhood atmosphere. Barrio de la Canada Close to town and…

    Schools

    • Elementary School: Aspen
    • Junior High School: Aspen Community Magnet Sc
    • High School: Santa Fe

    Listing Brokerage

    IDX listing

    Stephen Hardy

    Hardy & Company

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    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 Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.