62 and 64 Saint Francis Plaza

$375,000

1 of 20

62 and 64 Saint Francis Plaza

$375,000

Contact Presenting Broker

    Caroline Russell

    Caroline D. Russell

    (505) 699-0909

    Key Features

    • MLS: T112983
    • Status: Active
    • Price: $375,000
    • Area: RANCHOS DE TAOS (36A)
    • Type: Other
    • Acres: 0.36

    About this Property

    Contractor special. A heavy fixer with tremendous upside. Listed at less than $53 per square foot, this property has tremendous upside for renovation and resale; or income potential from leasing the units. 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 Assisi Mission Church in 1929. Approximately 7,456 SF with 7 to 8 units (depending on final layout), 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 had asbestos abatement performed, had architectural plans drafted for renovation and have done much of the necessary interior demolition, with the project now ready for permitting. An incredible opportunity for the right buyer.

    Additional Features

    • Type Other
    • Subdivision None
    • Days On Market 94

    Schools

    • Elementary School: Ranchos Elem
    • Junior High School: Taos
    • High School: Taos

    Listing Brokerage

    IDX listing

    Matthew Kreitzer

    Mountain Sky Realty

    View Map
    Click to View Map
    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 Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.