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Key Facts

Type Investment
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 0
Approx. Age 1937
MLS® Number 202503435

Property Address: 

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

Description

Discover a prime investment opportunity in Santa Fe! This multi-family property located in the historic Agua Fria Village is sited on a 2.191 acre parcel- half of which is undeveloped. Originally a family compound with three residences, it became the International Institute of Chinese Medicine, and was later reimagined into 5 dwellings and 2 studios spanning 8, 000 square feet. The charming property features gated access, ample paved parking for residents and visitors alike, 3 buildings, two wells, and 3 septic systems. With flexible "Commercial Neighborhood" zoning, County oversight, and a full set of plans to develop the vacant portion, the savvy investor will enjoy immediate rental income while a plan is formulated for the additional land. Just a short drive from downtown, shopping, and entertainment, this singular opportunity is priced at it's most recent appraisal value, and is poised to combine the historic charm of Santa Fe with the profitability of future development within our robust housing market.Show Description
MLS® Number202503435
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1937
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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