Discover this stunning multi-family/mixed-use property located in Placitas. Spanning 2.6 acres with four existing buildings (2 SF Houses, 2 Modular-Apt Units Mercantile Commercial Building), this property is currently yielding $6800 per month, with the potential to bring in 80k+ per year! If you've always dreamed of investing in income-generating assets, this property is an excellent opportunity. Situated just beyond the charming village of Placitas, this property not only promises a lucrative financial return but also an enchanting location. A truly remarkable investment opportunity awaits! Please do not disturb tenants!
Sold on 04/25/24
Price Unknown
566 Highway 165, Placitas, NM 87043
8beds
8baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$675,400 Zestimate®
$--/sqft
$1,675 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 03, 2024 at 12:41pm
Listed by:
Millennium Properties Team 505-350-8245,
Real Broker,
Gilbert S. Gallegos 505-350-8245,
Real Broker
Bought with:
Seth Jacob, 12618
Realty One of New Mexico
Source: SWMLS,MLS#: 1041089

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Other, See Remarks
Cooling
- Other
Features
- Flooring: See Remarks
- Has basement: No
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Patio
Lot
- Size: 2.60 Acres
Details
- Parcel number: 1026073140080
- Zoning description: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Frame, Metal Siding
Condition
- Resale
- New construction: No
- Year built: 1950
Utilities & green energy
- Utilities for property: See Remarks
Green energy
- Energy generation: None
Community & neighborhood
Community
- Community features: Patio
Location
- Region: Placitas
Other
Other facts
- Listing terms: Cash,Other,See Remarks
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$675,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$675,400