Sharon Knowles - Coldwell Banker Legacy
3230 & 3240 Rufina
Santa Fe, NM 87507

$1,375,000

Description

Sale includes a cash flowing-16- unit Apartment Building on .73 acres zoned R-29 and an adjacant, .34 acre lot zoned R-29, perfect to construct some new multifamily for the under-supplied market. Conveniently located in the rapidly transforming Midtown-Siler districtclose to Meow Wolf, 2nd Street Brewery, Dual Brewery, Java Joe's, and Natural Grocer's. 10 of the 16 studio units have been stylishly upgraded with full interior remodels and they are crisp, clean and contemporary. New kitchens, new appliances, new lighting, new flooring, and new bathroom finishes, key pad entry. The tenant profile has transformed to working professionals, college graduates, and student millennials. The water is supplied with well water, gas & electric are master metered. The property is about to be repaved and the seller is continuing to rehab units as hey become vacant.

Details

MLS#201802777
Sub-TypeResale
StatusActive
Year1971
Days On Site99

Features

Units16
Building(s)1

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Area Information

StateNM
CountySanta Fe
CitySanta Fe
Zip Code87507
Area4N-SF City Limit SWN
Listing VS Median (in 87507)
Price:
$1,375,000
low | high
Med:
$299,000
100% of Average
On Site:
99
low | high
Med:
32
100% of Average
Listing Updated: 09/21/2018
MLS Number: 201802777
Listing Provided By:
Leslie Gallatin-Giorgetti  of  Keller Williams