Address
1003 S 2nd B Street, Raton, NM
Price
$ 315,000
Property Attributes
- MLS#20241261
- TypeMulti-Family
- CountyCOLFAX
- CityRaton
- AreaNew Mexico Mls
- Zip87740
- StyleRanch
- Price$ 315,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5748
- Lot Size0.551 Acres
Data Source:
New Mexico MLS (NMMLS)
Property Description
Great investment opportunity! Partial remodeling in the apartments and the option for one bedroom or duplex units, each individually metered, with the two back homes just under 700 sq ft each. The addition of the storage units, a separate laundry area and mailboxes is a great bonus ! The motel can be 7 apartment units, renovation has begun and just needs some tlc to bring these to full rental income units. New roofs on buildings, fresh exterior paint. Materials have been purchased to finish the buildings and are negotiable. 9 units, 14 baths, 75% new electrical brought to building, new hot water heaters, new water lines to the property and new sewer line install. Also has an RV hookup on property! Purchase this property and the laundry mat in front for a great deal and massive rental income or business opportunity! $445,000 gets it all with most of the uninstalled inventory!
| Price History | |
|---|---|
| 3/5/2024 | Listed $315,000 |
General Features
| Heating | Natural Gas,Space Heater |
|---|---|
| Utilities | Electricity Connected,Natural Gas Connected,Sewer Connected |
| Roof | Flat,Pitched,Shingle |
| Appliances | Dryer,Free-Standing Range,Refrigerator,Washer |
| Gas Y/N | Meters(Gas Combined) |
| Architectural Style | Ranch |
| Construction Materials | Frame,Stucco |
| Year Built | 1984 |
| Electric | Meters(Electric Combined) |
| Property SubType | Multi Unit 5+ |
| County | Colfax County |
| New Construction | No |
| Property Type | Residential Income |
| HOA / Comm Assn | No |
| Garage Y/N | No |
| Status | Active |
| City | Raton |
| Buyer Agent Compensation | 3% |
| Senior Community Y/N | No |
| Total Units | 9 |
| MLS Area | New Mexico Mls |
| Lot Size Square Feet | 24000 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | 2nd B |
| Property Attached Y/N | No |
| Lease Considered Y/N | No |
| Standard Status | Active |
Interior Features
| Flooring | Carpet,Laminate,Vinyl,Wood |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | Street |
| Laundry Features | Yes |
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Irregular Lot |
|---|---|
| Water Source | Water-City,Meters(Water Combined) |
| Lot Size Area | 24000 |
| Spa | No |
| Building Area Total | 5748 |
| Lot Size Acres | 0.551 |
| Lot Size Units | Square Feet |
| Open Parking Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 87740
Price
Visits
Year Built
Listing information provided courtesy of the Realtor Association of New Mexico. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
