Property Description

Seller motivated. All reasonable offers considered. A heavy fixer with tremendous upside. This multi-family property is a unique opportunity to own on vibrant and historic St. Francis Plaza, literally steps away from where Ansel Adams took his famous photo of the rear of the St. Francis de Assis Mission Church in 1929. Approximately 7,456 SF with 7 to 8-units, currently vacant, the property includes both adobe and frame construction. Over the past several years, the owners have carefully prepared the property for renovation. It now features legal access directly from St. Francis Plaza, a formalized lot split with new survey, and a tentative agreement to access community water. (The property is currently on a private well, with additional surface water rights; and municipal sewer.) The current owners have also drafted architectural plans for renovation, performed asbestos abatement and done much of the necessary interior demolition, with the project now ready for zoning and construction permitting. Listed at only approximately $80 per square foot, this property has tremendous upside for renovation and re-sale; or income potential from leasing the units. Bank financing may be available for qualified buyers. Disclaimer: listing information has been provided to best of seller and broker’s knowledge and belief, but it is not guaranteed; buyer to verify all details about property.

Features
: Multilevel
$0
: Metal
: Public Sewer
Address Map
NM
Taos
Ranchos de Taos
87557
62-64 St. Francis Plaza
0
W106° 23' 30.3''
N36° 21' 31.8''
Additional Information
Mountain Sky Realty
Matthew G. Kreitzer
: Accessibilityfeatures
$0
7,456 Sqft
14
14
70-taos And Environ
Located on the northern end of St. Francis Plaza in Ranchos de Taos, just off NM-68.
$0
Taos
Taos High School
: Interiorsteps
Cash,Conventional,AllFinancingConsidered
$0
Taos Jr High
1072145389320
$0
: Electricity Available, Other, See Remarks
Other

Residential Income

62-64 St. Francis Plaza, Ranchos de Taos, New Mexico 87557

15,071.80 Sqft
Visits : 25 in 26 days
$595,000
Listing ID #202500702
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 202500702
Price : $595,000
Year Built : 1800
Acres : 0.35 Acre
Lot Area : 15,071.80 Sqft
Status : Active
Property Sub Type : Multi Family
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