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United Realty

[email protected] +1(575) 631-9443

Listed by Homecoin.Com

$ 599,000

Est. payment -/mo

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108 HORTON CIR Ruidoso, NM 88345

6 Beds

4 Baths

3,300 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Unit 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $181

MLS Listing ID 20263828

Bedrooms 6

HOA Y/N No

Year Built 1960

Annual Tax Amount $2,862

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type Multi Unit 2-4

Source NMMLS

Land Area 3300

Property Description

C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.

Location

State NM

County Lincoln

Interior

Interior Features Ceiling Fan(s), Pantry, Walk-In Closet(s), Fire Alarm, Smoke Detector(s)

Heating Electric, Forced Air, Heat Pump, Natural Gas

Flooring Laminate, Tile, Wood

Fireplaces Type Electric

Exterior

Exterior Feature Sidewalk

Parking Features Guest

Garage Spaces 6.0

Fence Back Yard, Cross Fenced, Fence

Utilities Available Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, TV-Cable

View Y/N false

Roof Type Pitched,Shingle

Private Pool No

Building

Water City

Schools

Elementary Schools None/Other

Middle Schools None/Other

High Schools None/Other

Others

Tax ID 4074065318365

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

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United Realty

Brokerage | License ID: 09099

+1(575) 631-9443

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Hobbs, NM

United Realty

108 HORTON CIR Ruidoso, NM 88345

Key Details

Location

Interior

Exterior

Building

Schools

Others

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108 HORTON CIR