Great opportunity to purchase a multi-unit property 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. Three separate electrical meters and two gas and water meters. Great return on investment, All units are presently rented and there is likely room to increase rents; property is sold in “As-Is” condition. Limited times for schedule showings to avoid tenant disturbance. This Five-plex includes: Unit 1 - 1 bedroom, 1 bath, 1 office, current rent $1,350; Unit 2 - 2 bedroom, 1 bath, current rent $1,400; Unit 3 - 2 bedroom, 1 bath, current rent $1,300; Unit 4 - 1 bedroom, 1 bath, current rent $1,000; Unit 5 - Studio, 1 bath , current rent $950. Property Analytics: Monthly Income - $6,000, Yearly Gross Income - $72,000, Current Insurance: $1,318, Current Taxes - $2,413, Estimated Maintenance - $4,000, Current Net income - $64,269, Cap Rate - 7.01%.
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