RISKY BUSINESS OR RARE OPPORTUNITY? You decide. This is really a little old 1949 adobe w/ kitchen area, 1 bedroom, living room, and 1 bath on 3.13 ac. in Arroyo Hondo for $125,000 as is . It has been vacated over 20 yrs and Seller is out of state and hasn t lived in the property for the last 60 yrs so there is no Seller s Disclosure. A portion has been open to the elements and there are rodent droppings so prospective buyers and Realtors should wear mask when showing. You can see there was electric and propane. There was a well, but Seller is making no representation as to current state. Same for septic. Assuming there was one but not representing condition and seller will not replace or repair. Walls, especially kitchen, have lots of wood smoke build-up. The roof appears to be serviceable as there doesn t appear to be major water damage. Can it be rehabbed? You will have to make determination for yourself. Nice view site with some cool terrain off the Lower Hondo Rd. It was a nice little homestead years ago.
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.
