62 Ranchos Plaza
Taos, NM 87571

Description

Ranchos Plaza is the southern gateway from Santa Fe and Albuquerque to Taos, a community of restored properties, artists, cultural diversity, and outdoor recreation. Here is a great opportunity for a developer! The property at 62 Ranchos Plaza, faces the plaza and has store front access. This .74 acre parcel supports 10 rental units/retail space and a single family residence that neighbors St. Frances de Assisi Church and extends to St Francis Street behind the Ranchos Post Office. Apartment numbers 1-6 are mixed construction with adobe walls. Included is the historic Territorial which was the original family home built in the 1920's. Restoration has been started in this two story unit with dormer windows. Apartments 1-6 are shaded by trees and have a great view of the St. Frances de Assisi Church. Apartments 7-9 are also mixed construction, and boast Viga ceilings. Apt 8 has large windows with hand carved wood features. Restoration has been started in Apartment 9 and it has the beginnings of coved ceilings. The store front unit has a kitchen space, with two large rooms and a bath. There is plenty of off plaza parking in this investment property which could be developed and rented as apartments, live work space, private or communal studio, office, or retail space. The units are on well water and El Valle Sewer with 11 individual hookups! On the north end of the property is an authentic 1954 adobe house. #8 St. Francis has a large north facing portal. The living room has

Details

MLS#201901026
Sub-TypeResale
StatusActive
Days On Site122

Features

Units11
Building(s)1

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Area Information

StateNM
CountyTaos
CityTaos
Zip Code87571
Area70-Taos and Environ
Listing VS Median (in 87571)
Price:
$450,000
low | high
Med:
$350,000
72.222222222222% of Average
On Site:
122
low | high
Med:
130.5
93.486590038314% of Average
Listing Updated: 07/20/2019
MLS Number: 201901026
Listing Provided By:
Sharon Bumpas Gilster  of  High Country RE Services
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