1601 Agua Fria, Santa Fe

$899,000

0 Bed
0 Bath
3,420 Sqft
.38 Acre
0 Garage

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%.

Essential Information
MLS® #202200380
Price$899,000
Square Footage3,420
Acres0.38
TypeMultifamily
Sub-TypeFour-Sixplex
StyleSingle Story
StatusPending
Community Information
Address1601 Agua Fria
Area4N-SF City Limit SWN
CitySanta Fe
CountySanta Fe
StateNew Mexico
Zip Code87505
Amenities
UtilitiesSeparate Meter
Interior
HeatingGas
CoolingNone
Appliances

Dishwasher, Range/Oven, Refrigerator, Dryer, Washer

Exterior
RoofFlat
ConstructionFrame, Adobe
Additional Information
Date ListedFebruary 10th, 2022
Days on Market5
ZoningOther - See Remark
Property History
Status Changed from Active to Pending
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