Three free standing homes on a quiet, private, rural lot in the Jacona countryside. Live in one home and rent the others to pay your mortgage! This verdant lot has mature trees, fruit trees, water rights from the ditch, a well, and acreage that stretches all the way down to the Pojoaque River bank. Each unit is rented month to month and has a history of low vacancy. Each house has been well maintained over the years. The homes feature pitched roofs and several of the units have been updated and expanded recently. Includes a separate private workshop/studio with high ceilings. This location is convenient to Los Alamos, Espanola, and Santa Fe and is accessed entirely on paved roads. Great property for a compound, investment, farming, horses, and anyone who loves the peace and quiet of the mid Rio Grande Valley. Pojoaque Basin Regional Water System will be extended to this property by 2022. Current net operating income from the 3 units is $28,000/year.With the hiring spree at Los Alamos Labs, this will continue to be a good investment for years to come. The adjacent 1.62 AC lot is also available for sale separately by the same owner.
MLS# | 201704267 |
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Style | House |
Sub-Type | Resale |
Status | Active |
Days On Site | 533 |
Bed(s) | 6 |
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Bath(s) | 4 Full |
SQ Feet | 4,594 |
Garage | 3 |
Car Port | Yes |
Story(s) | 1 Story |
Water Front | Yes |
Area Information | |
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State | NM |
County | Santa Fe |
City | Santa Fe |
Zip Code | 87506 |
Area | 16-Pojoaque Valley |
Elementary School | Pojoaque |
Middle School | Pojoaque Jr High |
High School | Pojoaque High School |
Listing VS Median (in 87506) | |
Price: $495,000 low | high Med: $299,000 89.59595959596% of Average SqFt: 4,594 low | high Med: 0 100% of Average $ / SqFt: $108 low | high Med: $0 100% of Average On Site: 533 low | high Med: 991 53.784056508577% of Average |