For Sale
$1,100,000

601 1/2 Paseo De Peralta ASanta Fe, NM 87501

Downtown Santa Fe investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional $1,100,000 investment opportunity presents a unique chance to own a piece of Santa Fe history. The Sara Melton House, a meticulously preserved late 19th-century adobe triplex at 601 1/2 Paseo De Peralta A, boasts three units: one studio and two one-bedroom apartments. Built in 1871, this historically significant property is listed on the National Historic Preservation Registry and includes a Historical Preservation Easement. The property's rich history, dating back to its purchase by Nestora Gonzales in 1871, is reflected in its unique architectural details and layout, showcasing the evolution of a Hispano family home over generations. The property's configuration demonstrates the regional practice of bequeathing individual rooms or groups of rooms within a single structure. Currently, the triplex comprises two connected one-bedroom apartments and a separate studio apartment, all with designated off-street parking (3 spaces). Continuously rented since 1973, this property offers a strong rental history and significant potential for tax incentives for New Mexico residents. Please note that this is a tenant-occupied property requiring 48-hour notice for showings. This is a rare chance to acquire a landmark property in the heart of Santa Fe's vibrant downtown.

Highlights

  • $1,100,000 asking price.
  • Historic Santa Fe triplex.
  • Three units: one studio, two one-bedroom apartments.
  • Built in 1871.
  • Located at 601 1/2 Paseo De Peralta A, Santa Fe, NM 87501.
  • National Historic Preservation Registry listing.

Property Details for 601 1/2 Paseo De Peralta A

Property type
Specialty properties
Year Built
1871
Units
3

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6899816
Longitude
-105.9338893
601 1/2 Paseo De Peralta A, Santa Fe, New Mexico

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601 1/2 Paseo De Peralta A
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