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1701Sixth1832 Hopewell,1526 Fifth, Santa Fe, NM 87505

8 Bed, 4 Bath Multi-Family Home For Sale

1701Sixth1832 Hopewell,1526 Fifth, Santa Fe, NM 87505 House For Sale - MLS #201603031
$699,000
8
4
Multi-Family
5+ Family
10
Listing courtesy of Jam Real Estate Experts from Keller Williams

Property Description for 1701Sixth1832 Hopewell,1526 Fifth, Santa Fe, NM 87505

Are you looking for a package deal investment?? This is it! Offering 4 separate properties with the same owner willing to sell individually or together at a discount. (1)- Four unit Multi Family - rents total $3300 per month. (2) Tri plex rents total $2100 per month. (3) Duplex that rents for $1200 per month. (4) Single Family home commercially zoned with a large storage unit renting for $1100 month. A savings of $100,000 priced at $899,000. Total income per year is $85,000+/-. Expenses $5700+/- per year. Special financing may be available. 2 of the properties are close by each other with a vacant piece of land in between; also owned by the same owner. There is potential for a larger compound or rezone for commercial use which is close by or assemble properties for a larger parcels.

Interior Details

7,705 sq. ft.
$90.72/sq. ft.
City
City

Exterior Details

Block; Frame; Stucco

Other Details

201603031
$3,145

Units Description

Unit #1
Bedrooms: 2      Full / Half Baths: 1      Rent: $845     

Unit #2
Bedrooms: 2      Full / Half Baths: 1      Rent: $800     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $700     

Unit #4
Bedrooms: 2      Full / Half Baths: 1      Rent: $800     

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(20%)

Monthly Mortgage Payments

$3,175
$4,422

Town Description

Santa Fe is the capital of New Mexico. It is the principal city of the Santa Fe, New Mexico Metropolitan Statistical Area which encompasses all of Santa Fe County and is part of the larger Santa...

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