This is a great opportunity to purchase an historically successful 4-unit rental property. Long-term renters in place. The freestanding main house has two bedrooms, one bathroom and a basement. Units 2 and 3 are studio apartments, and Unit 4 is a one-bedroom. The property has commercial possibilities. Great proximity to The Railyard, Whole Foods, Starbucks, and many other amenities. Two of the units are adobe. The garage has the potential for an additional unit or an expansion of Unit 2.
Property Details
Property Features
Property Information:
Architectural Style: One Story
Year Built: 1934
Listing Office:
Office Name: Santa Fe Properties/Washington
Office Phone: (505) 982-4466
Listing Agent: Hal Logsdon
Interior Features
Interior Information:
Appliances: Dryer, Oven, Range, Washer
Basement: No
Interior: No Interior Steps
Lot Features
Lot Information:
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: None
School Info
Assigned Schools Information:
Santa Fe High School, Public District Grades 9-12
Aspen Community Magnet School, Public Magnet Grades KG-8
Other
Directions Information:
Directions: East side of Saint Francis.
Price Information
Listing Price Info
Price Summary:
List Price: $975,000
Tax Information:
Annual Amount: $2,575
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
4
/10
Aspen Community Magnet School
450 La Madera St
Distance between this listing and this school0.47 miles
Public Magnet Grades KG-8
High School
5
/10
Santa Fe High School
2100 Yucca St
Distance between this listing and this school2.32 miles
Public District Grades 9-12
Nearby Schools
4
/10
E.J. Martinez Elementary School
401 North San Mateo
Distance between this listing and this school0.74 miles
Public District Grades KG-6
4
/10
Ramirez Thomas Elementary School
610 Alta Vista St
Distance between this listing and this school0.75 miles
Public District Grades KG-5
9
/10
Wood-Gormley Elementary School
141 E Booth St
Distance between this listing and this school0.77 miles
Public District Grades KG-6
Assigned Schools
4
/10
Aspen Community Magnet School
450 La Madera St
Distance between this listing and this school0.47 miles
Public Magnet Grades KG-8
Nearby Schools
5
/10
Gonzales Elementary School
851 W Alameda St
Distance between this listing and this school0.65 miles
Public District Grades KG-8
2
/10
De Vargas Middle School
1750 Llano St
Distance between this listing and this school1.97 miles
Public District Grades 7-8
Assigned Schools
5
/10
Santa Fe High School
2100 Yucca St
Distance between this listing and this school2.32 miles
Public District Grades 9-12
Nearby Schools
8
/10
New Mexico School For The Arts
2300 N Ridgetop Rd
Distance between this listing and this school2.71 miles
Public Charter Grades 9-12
7
/10
The Master Program
6401 S Richards Ave
Distance between this listing and this school5.79 miles
The neighbors living near this home have an average income of $51,828. Typical income of Santa Fe, NM residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 711 S Saint Francis Dr in Santa Fe, NM and zip code 87505 in the Downtown Santa Fe neighborhood. This home, which was built in 1934, sits on a 0.25 acre lot. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $975,000.
While more than 39 listings in Santa Fe, NM in April 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 77 were sold below. The number of listings in Santa Fe, NM increased by 13% between March 2024 and April 2024. While the average time on the market in April 2024 was 53 days, the median list price was $622,027.
From Rocket Homes Real Estate and based on county public records data.