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USANMCerrillos2859 Nm 14
2859 Nm 14, House other with 4 bedrooms, 3 bathrooms and 3 parking in Cerrillos NM | Image 1
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$989,000

2859 Nm 14, Cerrillos, NM

House

For Sale

$--,---,---
433
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2978 sqft
Garage No
Taxes $3,951
Days Active 24
Lot Size 
Approx. Age 1990
Avg. Price Per Sqft $332
MLS® Number 202502250

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Multi-faceted commercial-residential property, turnkey and ready to go with rental income. Currently operating as a contemporary art gallery, an artist studio, an Airbnb, and a long-term home rental, this property is a gem in the artist community of Madrid. Located right in the heart of town, but with private courtyard areas, this unique plot offers beauty and reprieve while not sacrificing prime location. Property features: Main gallery/commercial floor with adjoining artist studio, kitchen, and bath, second level, private-entry loft apartment currently operating as a licensed Airbnb, and a private, free-standing 3bd/1ba home. Parking for 3 cars. All spaces recently renovated, with excellent natural lighting, this property shines as a bright and fresh investment, business opportunity, residential home, or all of the above. Ideal for an artist or entrepreneur. Option to purchase the existing business, and to keep the long-term rental tenant. Additional option to purchase all furniture/items in Airbnb to enable continuous business operation upon sale. Details to be discussed with the current owner and business operator. Recent improvements include new septic, new electrical panel, mini-split AC/heat units, exterior and interior paint job, lighting upgrades, exterior power-washing, gutter cleaning, professional window cleaning, and landscape upgrades. The property features two large water tanks, one for rainwater catchment, and other for freshwater delivery. Membership to Madrid Community Water will also transfer with the sale.Show Description
MLS® Number202502250
Laundry Level
Central VacNo
FireplaceNo
Acreage0.12
Exterior
GarageNo
Approx. Age1990
Basement
Driveway
Garage Spaces
HeatHeat Pump, Propane
A/CDuctless, Heat Pump, Refrigerated
Heating Fuel

Extras

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