Tag Archives: Santa Fe investment property

2 single family ranch homes on one double sized lot near St. Francis – $299,000

937 and 937 1/2 Mercer, Santa Fe, NM  87501

$299,000  MLS # 201101717

4 bedrooms, 3 baths, 1 fireplace, 2,302 sq. ft. and .026 acres

2 single family ranch homes on one double sized lot make this an appealing choice for owners/users looking for rental income or investors.  Currently zoned R-8 Residential, but is designated as Office on the City of Santa Fe’s Future Land Use map.  Consquently, the City has advised that an owner may submit an application to rezone the property to the C-1 District if an owner so desires.

Larger home has 2 bedrooms, 1 bath, 1,191 square feet.  Smaller/guest home has 2 bedrooms, 2 baths, 1,111 square feet.

Homes are neat and tidy, with hard wood floors in the larger home, and a newer large open concept addition in the smaller home.

More than ample parking.  One car garage, car port for two more cars, additional parking in front and back of lot as well as several nonexclusive street parking spaces.

Live in one house and rent the other house! Conveniently located to shopping, other commercial amenities and downtown.  Cross street is St. Francis.  Lots of flexibility.

 

 

 

 

 

For more information about this property, please contact one of the listing agents, Renee Edwards, Keller Williams Realty, (505) 470-7773 or Karen Meredith, Keller Williams Realty, (505) 603-3036 to schedule a showing!