Property Type:
Commercial Sale
Square Footage:
2,500
Lot Size (sq. ft.):
12,197
Status:
Closed
Current Price:
$1,195,000
List Date:
6/14/2021
Last Modified:
8/13/2021
Overview
Description
This special RAC zoned property located in the Historic Guadalupe District of Santa Fe with close proximity to the Railyard and the Plaza is comprised of a total of 0.28 acres of land on two separate legal lots of record. Three separate and charming single-level, one-bedroom casitas are completely and lovingly restored with cozy living areas, open kitchens, and bathrooms, all currently being leased with positive rental income. The property is ideal for a residential compound overlooking the banks of the Santa Fe River, with over 12,000 square feet of prime developable land (and a possibility of constructing additional luxury residences). The property is terraced from the street level on Upper Alto to the dirt portion of Lower Alto with a fenced and walled back parking area.
Supplements:
Two wrought iron gates and a separate wood gate secure private, flagstone, and bricked garden courtyards for each casita with mature trees and landscaping. Two off-street parking spaces are situated just at the end of the compound. Two outbuildings and view decks overlooking the Santa Fe River complete the property. This is a true income-generating
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Two wrought iron gates and a separate wood gate secure private, flagstone, and bricked garden courtyards for each casita with mature trees and landscaping. Two off-street parking spaces are situated just at the end of the compound. Two outbuildings and view decks overlooking the Santa Fe River complete the property. This is a true income-generating property perfect for those looking to develop a downtown, riverfront estate or family compound.
Last Updated: August - 13 - 2021
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