For Sale
$415,000

4761 Camino UnidoSanta Fe, NM 87507

3 Bed, 2 Bath Home, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This unique Santa Fe property, located at 4761 Camino Unido, 87507, presents a compelling owner-user opportunity. The 1,313 square foot mixed-use building, constructed in 2005, boasts a 3-bedroom, 2-bathroom home seamlessly integrated with creative office space. The property sits on a 0.12-acre lot and is zoned R-1. Recent updates include new windows, carpet, paint, a large carport with electricity, and new radiant floor heating covers. The home features a private backyard with a pergola and an insulated shed, ideal for storage or a studio. The property offers four parking spaces. Currently operating at 96% occupancy, the property generates a Net Operating Income (NOI) of $22,800, with a projected NOI of $40,800. The asking price is $415,000, representing a current cap rate of 5.49% and a pro-forma cap rate of 9.83%. The property's location offers proximity to walking trails, schools, Swan Park, restaurants, and shopping. This versatile property is perfect for those seeking a blend of comfortable living and productive workspace, with significant upside potential. The property's assessed parcel number (APN) is 910009408. Full occupancy is projected for October 8, 2024.

Highlights

  • Charming 3-bedroom, 2-bath home in Barrio Del Corazon Subdivision.
  • Excellent location near walking trails, schools, Swan Park, restaurants, and shopping.
  • Recently updated with new windows, carpet, paint, large carport (with electricity), and radiant floor heating covers.
  • Private backyard with spacious pergola, ideal for entertaining.
  • Insulated backyard shed suitable for storage or a workshop.

Property Details for 4761 Camino Unido

Property type
Specialty properties, Office properties
Square Feet
1,313 SF
Year Built
2005
Buildings
1
Stories
1
Lot Size (sq. ft)
5,227 SF
Units
1

Location Insight

City
Santa Fe
County
Santa Fe
State
New Mexico
Latitude
35.6199703
Longitude
-106.0572354
4761 Camino Unido, Santa Fe, New Mexico

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4761 Camino Unido
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