4BR house and 2BR casita, both adobe, with a total of nearly 2400 sf, on one nearly quarter acre lot, PLUS adjoining nearly 1/4 ac vacant lot also included at list price. Perfect for extended family or rent one and live in the other. A solid income property ($22,800 GSI) w/great tenants (front 2yrs, rear 8yrs.) Property is compliant with MX-L zoning for low density residential. Vacant lot next door to south, w/separate driveway, included with sale. Add'l 1-2 units possible on extra lot. Property sits high in historic Martineztown, with dramatic SW views of downtown urbanscape and highrise lights at night. Both houses valued at around $250K, $104 per sf, with nearly 5% cap rate. $275K package price includes adjoining vacant lot to south, and owner prefers a package deal.
Courtesy of: Shaw & Shaw Ltd., Realtors Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Updated: 13th June, 2021 2:38 PM