321 Wayne Road NW, Los Ranchos, NM 87114
- $749,000
- 6
- BD
- 4
- BA
- 3,000
- SqFt
- List Price
- $749,000
- Status
- ACTIVE
- Days on Market
- 26
- MLS#
- 1107684
- Subtype
- Residential Income
- Year Built
- 1960
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,000
- Lot Size
- 24,960
- Acres
- 0.57
- Subdivision
- Englebrecht Subd
- Neighborhood
- Englebrecht Subd
- MLS Area Major
- North Valley
Property Description
Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.
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Additional Information
- Interior Features
- Ceiling Fan(s)
- Taxes
- $8,380
- Zoning
- R-1
- Flooring
- Carpet
- Appliances
- Free-Standing Electric Range, Refrigerator
- Heating
- Central, Forced Air, Other, Wall Furnace
- Air Conditioning
- Evaporative Cooling, Varies by Unit, Ceiling Fan(s)
- Exterior Construction
- Frame, Stucco
- Stories
- 1
- Levels
- One
Mortgage Calculator
Listing courtesy of Steve L Soto from Berkshire Hathaway NM Prop
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.