1700 Agua Fria, Santa Fe, NM 87505

$612,000

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List Price
$612,000
Status
ACTIVE
MLS#
202604766
Year Built
1955
Lot Size
10,890
Area
4N-SF City Limit SWN

Property Description

This dynamic rental property on Agua Fria offers a great rental return and lots of upside to its next owner. The property is fully fenced, with great privacy and connection to the outdoors. The adobe construction main house was built in the 1950s and has lovely plaster detailing. The structure is approximately 1,500 sq ft and is divided up as a 2-bedroom main house and a separate 1-bedroom unit. There is a cozy 3rd unit at the back of the property, built in a funky and unconventional style. It has a bright open outdoor area and offers great storage. Fully tenant-occupied, the property offers solid rental returns and a cap rate above 6%. Pre-inspection and additional photos available upon request. Showings will take coordination, so please contact the listing broker. This is a solid investment property in a great location with a proven rental return.

Additional Information

Style
One Story
Acres
0.25
Sewer
Public Sewer
Heating
Other, See Remarks
Cooling
None
Elementary School
Aspen Community Magnet School K-8
Middle School
Aspen Community Magnet School K-8
High School
Santa Fe

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Listing courtesy of Grant Alexander from Sotheby's Int. RE - Railyard

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 Real Estate Company 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the SANTA FE ASSOCIATION OF REALTORS®.