Bought with Realty One of New Mexico
For more information regarding the value of a property, please contact us for a free consultation.
566 Hwy 165 Placitas, NM 87043
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $642,900
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1041089
Sold Date 04/25/24
Construction Status Resale
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,900
Lot Size 2.600 Acres
Acres 2.6
Lot Dimensions Public Records
Property Description
Discover this stunning multi-family/mixed-use property located in Placitas. Spanning 2.6 acres with four existing buildings (2 SF Houses, 2 Modular-Apt Units Mercantile Commercial Building), this property is currently yielding $6800 per month, with the potential to bring in 80k+ per year! If you've always dreamed of investing in income-generating assets, this property is an excellent opportunity. Situated just beyond the charming village of Placitas, this property not only promises a lucrative financial return but also an enchanting location. A truly remarkable investment opportunity awaits! Please do not disturb tenants!
Location
State NM
County Sandoval
Area 180 - Placitas Area
Interior
Heating Other, See Remarks
Cooling Other
Flooring See Remarks
Fireplace No
Exterior
Exterior Feature Patio
Community Features Patio
Utilities Available See Remarks
Porch Patio
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 1026073140080
Acceptable Financing Cash, Other, See Remarks
Green/Energy Cert None
Listing Terms Cash, Other, See Remarks
Financing Contract
Read Less