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33987380
33987412

108 Horton Circle, Ruidoso, NM 88345

JM
2023001876, 3477996
homecoin.com
Listed by homecoin.com
$629,000
4 days on market
Updated 2 days ago

108 Horton Circle

Details
APN 4074065318365
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,300
Units 3
Year Built 1960
Acreage 0.520
Parking Spaces 6 spaces
Parking Per SqFt 1.82

Multifamily | 3 Units

Marketing description

C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.
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Listing Contacts

JM
2023001876, 3477996
homecoin.com
Listed by homecoin.com

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