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2884 Nm 14

Madrid, NM 87010
  • $405,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 202404745
Price Reduced
UPDATED: 39 min ago
$405,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,476
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1912
County:

School Information

Elementary School:
Middle School:
High School:

Description

Prime Property on Madrid's Main Strip !! Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid's unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you're looking to live, work, or create in one of New Mexico's most artistic communities, this property offers endless possibilities. Don't miss this rare chance to own a piece of Madrid's rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!

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Santa Fe Association of Realtors logo © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-14T06:51:34.187.
www.theverybestofsantafe.com/homes/157892451
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2884 Nm 14 Madrid, NM 87010

  • Price: $405,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 39 min ago
  • MLS #: 202404745
3
Beds
1
Baths
0
½ Baths
0.16
Acres
1,476
SQFT
$274
$/SQFT
1912
Built
Neighborhood:
12-Madrid/Cerrillos
County:
Santa Fe
Area:
12-Madrid/Cerrillos
Elementary School:
Amy Biehl Community
Middle School:
Milagro
High School:
Santa Fe
Property Description
Prime Property on Madrid's Main Strip !! Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid's unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you're looking to live, work, or create in one of New Mexico's most artistic communities, this property offers endless possibilities. Don't miss this rare chance to own a piece of Madrid's rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!
Exterior Features

Architectural Style One Story Attached Garage YN No Garage YN Yes Levels One Other Structures Guest House Detached Parking Features Detached Garage Parking Total 3 Roof Flat Waterfront YN No

Interior Features

Appliances Dryer Oven Range Refrigerator Washer Basement YN No Cooling None Cooling YN No Electric 220 Volts Fireplace YN No Fireplaces Total 0 Heating Forced Air Fireplace(s) Natural Gas Heating YN Yes Interior Features Interior Steps Living Area 1300

Property Features

Accessibility Features Not ADA Compliant Association Fee 25 Association Fee Includes Other See Remarks Land Lease YN No Lease Considered YN No Listing Terms Assumable Cash Conventional New Loan Pool Features None Property Attached YN No Property Sub Type Single Family Residence Property Sub Type Additional Detached Single Family Residence Sale Or Lease Indicator For Sale Sewer Septic Tank Water Source Community / Coop Zoning Description Residential /commercial

Santa Fe Association of Realtors logo Listing provided courtesy of Carlos Gutierrez-Pacheco of Keller Williams Realty: (505) 983-5151. © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All Rights Reserved.


Santa Fe Association of Realtors logo © 2024 Santa Fe Association of REALTORS®, Inc. MLS. All rights reserved. The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange ("IDX") program of SFAR MLS, Inc. Real estate listings held by brokers other than The Very Best Santa Fe Team - Keller Williams are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-14T06:51:34.187.
 
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The Very Best Santa Fe Team - Keller Williams
130 Lincoln Avenue, Suite K
Santa Fe NM, 87501