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Off market
  • $377,400

    404 1st St, Magdalena, NM 87825

    8beds
    3,800sqft
    House Plus Unit(s)
    Built in ----
    -- sqft lot
    $377,400 Zestimate®
    $99/sqft
    $2,800 Estimated rent

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    What's special

    Non zoned House/Motel/RV park, multi use property (Magdalena, NM) Situated in the historic village of Magdalena, NM, this charming non-zoned property is located about 1.5 hours from Albuquerque and 20 min away from New Mexico Tech University and the City of Socorro (main major city). The frontage of the property is right along route 60 and consists of 2 separate buildings. The first is a 1780 sq ft house. It boasts 4 bedrooms, 2.5 bathrooms, and an office. It is a quaint 1920’s Adobe style home with 2 wood stove fireplaces, gas heating, unique entrance way and hall, spacious living area and eat-in kitchen with ample cupboard space and a large shelving unit. The flooring is real hardwood, laminate, and carpet. This home has a rich history, operating as a maternity hospital in the 1920’s and in more recent times, a bed and breakfast/motel. The second building consists of 5 1-bedroom, 1-bathroom units, plus an additional suite in one of the units, a laundry room and bonus maid room that can be converted. In total there is 3800 square feet of living space. Linens and furniture are included in the purchase price. In addition to the 2 buildings, the property includes an income producing RV park with 12+ spaces. The RV park has 6 pull throughs, 6 back-ins, a gazebo, firepit, and a space for a single-wide mobile home that is ready to go. Adjacent to the RV park, there is a large workshop/shed/storage that includes many power tools valued in the thousands. The potential uses for this property are a motel, bed and breakfast, family compound, senior living complex, studio, nonprofit organization offices, and RV mobile home park. Additional attributes include city water and sewage. Total property size is ~2 acres. Sky's the limit for the potential uses of this property!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Electric
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: Washer Hookup, Laundry Equip. Owned, Dryer H/U
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Windows: Skylight(s)
    • Furnished: Yes
    Interior area
    • Total interior livable area: 3,800 sqft

    Property

    Parking
    • Details: Guest Parking
    Accessibility
    • Accessibility features: Unknown
    Features
    • Exterior features: Stucco, Wood
    Lot
    • Size: 0.73 Acres
    Details
    • Zoning: C-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: House Plus Unit(s)
    Materials
    • Roof: Metal
    Details
    • Builder name: Unknown

    Community & neighborhood

    Location
    • Region: Magdalena

    HOA & financial

    Other financial information
    • Total actual rent: 75

    Other

    Other facts
    • Roof: Metal
    • Flooring: Carpet, Laminate, Hardwood
    • Appliances: Refrigerator, Dryer, Microwave, Washer, Dryer H/U, Washer H/U
    • BuilderName: Unknown
    • HeatingYN: true
    • CoolingYN: true
    • Zoning: C-1
    • BusinessType: Residential
    • RoomsTotal: 2
    • ConstructionMaterials: Frame, Stucco, Wood Siding, Adobe
    • OwnerPays: Sewer, Water, Maintenance, Trash Removal, Electric
    • LotSizeSource: Other
    • Cooling: Window Unit(s)
    • ElectricOnPropertyYN: True
    • NumberOfBuildings: 2
    • ParkingFeatures: Guest
    • LaundryFeatures: Washer Hookup, Laundry Equip. Owned, Dryer H/U
    • WindowFeatures: Skylight(s)
    • OtherParking: Guest Parking
    • UnitsFurnished: Varies By Unit
    • AccessibilityFeatures: Unknown
    • LotDimensionsSource: On-Line
    • LivingAreaSource: Professional
    • CommunityFeatures: Laundry Equip. Owned, Satelite Dish, Skylights, Tenant Storage, Walled Complex
    • TenantPays: Other - See Remarks
    • LeaseAmountFrequency: Other - See Remarks
    • PropertySubType: House Plus Unit(s)
    • StructureType: House Plus Unit(s)
    • NumberOfUnitsTotal: 2.00
    • AvailabilityDate: 2020-09-17
    • TaxAnnualAmount: 800.00
    • TotalActualRent: 75.00
    • Available date: 09/17/2020