321 Wayne Road NW

Los Ranchos, NM 87114 · Englebrecht Subd
$749,000

About this property

Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total. All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility. Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in th

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Details

Price
$749,000
Beds
6
Baths
4
Square feet
3,000
Lot size
0.57 acres
Year built
1960
Type
Other
Neighborhood
Englebrecht Subd
Heating
Central,ForcedAir,Other,WallFurnace
Cooling
EvaporativeCooling,VariesByUnit,CeilingFans
MLS #
1107684

Listed by Steve L Soto, Berkshire Hathaway NM Prop · (505) 798-6300. Data from the Southwest MLS, refreshed every 15 minutes.