Great opportunity to purchase a multi-unit property (4-plex) within two miles of the plaza. Close to Baca Railyard, Santa Fe River Trail and the Acequia Trail. Lot has plenty of room for parking and potential for a large garden, or communal area for tenants. Three separate meters on property. Great return on investment. This Four-plex includes: Unit 1 - 3 bedroom, 2 bath ; Unit 2 - 2 bedroom, 1 bath ; Unit 3 - 1 bedroom, 1 bath ; Unit 4 - studio, 1 bath. All units are presently rented; property is sold in "As-Is" condition. Property Analytics (current): Monthly Income $4,750, Yearly Gross Income $57,000, Insurance $1,559, Taxes $2,167, Estimated Maintenance $3,000, Net income $50,274, Cap Rate 9.14%. The above numbers are estimates only and may change and do not include an allowance for vacancies. The property address consists of 1519, 1519 1/2, and 1517 Agua Fria Street.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
