Discover this stunning multi-family/mixed-use property located in Placitas. Spanning 2.6 acres with four existing buildings (2 SF Houses, 2 Modular-Apt Units Mercantile Commercial Building), this property is currently yielding $6800 per month, with the potential to bring in 80k+ per year! If you've always dreamed of investing in income-generating assets, this property is an excellent opportunity. Situated just beyond the charming village of Placitas, this property not only promises a lucrative financial return but also an enchanting location. A truly remarkable investment opportunity awaits! Please do not disturb tenants!
Sold
Price Unknown
566 Highway 165, Placitas, NM 87043
8beds
8baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$743,900 Zestimate®
$--/sqft
$1,671 Estimated rent
Home value
$743,900
$655,000 - $855,000
$1,671/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Millennium Properties Team 505-350-8245,
Real Broker, LLC,
Gilbert S. Gallegos 505-350-8245,
Real Broker, LLC
Bought with:
Seth Jacob, 12618
Realty One of New Mexico
Source: SWMLS,MLS#: 1041089
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Other, See Remarks
Cooling
- Other
Features
- Flooring: See Remarks
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 2.6 Acres
Details
- Parcel number: 1026073140080
- Zoning description: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame, Metal Siding
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: See Remarks
Green energy
- Energy generation: None
Community & HOA
Community
- Features: Patio
Location
- Region: Placitas
Financial & listing details
- Annual tax amount: $4,900
- Date on market: 9/7/2023
- Cumulative days on market: 158 days
- Listing terms: Cash,Other,See Remarks
- Tenant pays: Other, See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 4/25/2024 | Sold | -- |
Source:  SWMLS #1041089 Report a problem | ||
| 2/12/2024 | Pending sale | $649,900 |
Source: SWMLS #1041089 Report a problem | ||
| 1/9/2024 | Price change | $649,900-5.8% |
Source: SWMLS #1041089 Report a problem | ||
| 12/26/2023 | Price change | $689,999-1.4% |
Source: SWMLS #1041089 Report a problem | ||
| 11/15/2023 | Price change | $699,999-2% |
Source: SWMLS #1041089 Report a problem | ||
| 10/8/2023 | Price change | $714,000-2.1% |
Source: SWMLS #1041089 Report a problem | ||
| 9/7/2023 | Listed for sale | $729,000+7.4% |
Source: SWMLS #1041089 Report a problem | ||
| 9/5/2023 | Listing removed | -- |
Source: SWMLS #1026443 Report a problem | ||
| 6/17/2023 | Pending sale | $679,000 |
Source: SWMLS #1026443 Report a problem | ||
| 5/24/2023 | Price change | $679,000-8% |
Source: SWMLS #1026443 Report a problem | ||
| 5/2/2023 | Price change | $738,000-6.5% |
Source: SWMLS #1026443 Report a problem | ||
| 3/16/2023 | Price change | $789,000-1.1% |
Source: SWMLS #1026443 Report a problem | ||
| 1/30/2023 | Price change | $798,000-4.9% |
Source: SWMLS #1026443 Report a problem | ||
| 1/3/2023 | Price change | $839,000-1.1% |
Source: SWMLS #1026443 Report a problem | ||
| 12/1/2022 | Listed for sale | $848,000 |
Source: SWMLS #1026443 Report a problem | ||
| 3/7/2013 | Listing removed | $750 |
Source: Heartland New Mexico LLC #747849 Report a problem | ||
| 12/8/2012 | Listed for rent | $750 |
Source: Heartland New Mexico LLC #747849 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 87043
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Nearby schools
GreatSchools rating
- 7/10Placitas Elementary SchoolGrades: K-6Distance: 0.8 mi
- 7/10Spartan Learning AcademyGrades: 7-8Distance: 6.5 mi
- 4/10Bernalillo High SchoolGrades: 9-12Distance: 5.8 mi
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Estimated market value
$743,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$743,900
- New Mexico
- Sandoval County
- Placitas
- 87043
- 566 Highway 165
Nearby cities
Nearby zip codes
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