Santa Fe, NM Prime Rose Park, Mid-Century Modern, 2 Living Spaces, Live1-Rent1,

304 Alta Vista St, Santa Fe, NM 87505

$1,550,000 After Repair Value -
$1,300,000 Asking Price -
$0 Cost of Repairs =
$250,000 Potential Profit

Property Details

Asking Price $1,300,000

After Repair Value $1,550,000

Costs of Repairs $0

Potential Profit $250,000

Living Area 2576 ft2

Property Type Duplex

Bedrooms 4

Bathrooms 2

Half Bathrooms N/A

Parking 2

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $69,000

Yearly Expenses $5,700

Property Taxes $2,000

Net Operating Income $55,000

Cap Rate 5.5

Property Description

Rose Park, Two Living Spaces, Mid-Century Modern, Opportunity of a Lifetime, Close to Plaza, Museum Hill, Canyon Road, Bike-Hike-Walk, Location, location, to call home Mid-Century Modern efficiency 4/2 or the divided 1/1 + 3/1 by choice layout has and a simple rental with great returns short or long term and live in the other unit, full or part-time. Respectfully updated. Live1-Rent1. Two full kitchens, two baths, two washer-dryers, fully fenced & walled w/ separate yard-gardens, mahogany paneling, skylights bath, bedrooms, kitchen, gas and wood burning fireplaces, ceiling heaters and fans optional dog run. The Vacation Rental firms will welcome this property into their inventory as you wish. It\'s yards are an Oasis of ‘Set ‘n Forget’ changing native flowering colors and pinon trees making resting a pleasant in your choice of different views of nature without ever leaving the city. Winter looking north towards ski-basin of the Sangre de Cristo mountains with the deciduous fallen leaves frees the eye’s view. And there\'s studio/storage/workshop of 12’x16’, plus a locking garden shed, dedicated laundry lines, covered trash & recycling shed, and lastly the Jen-Aire grill awaits. $1,300,000.00 Pre Qualification Letter expected and received at 304altavista (at) g-mail. you-know… prior to Short Notice Showings w/ your own Buyer’s Broker text or call to firm up the Appointment Only Visit 505.557.7368 and see more photos at website ‘forsalebyowner’ com for your viewing pleasure.

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