2884 NM 14 Active

Madrid,NM 87010

$ 399000

3 Beds

1 Bath

1300 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $306

MLS Listing ID 202404745

Style One Story

Bedrooms 3

Full Baths 1

HOA Fees $2/ann

HOA Y/N Yes

Year Built 1912

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Single Family Residence

Property Description

Prime Property on Madrid's Main Strip !!
Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid's unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you're looking to live, work, or create in one of New Mexico's most artistic communities, this property offers endless possibilities. Don't miss this rare chance to own a piece of Madrid's rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today's mortgage market!

Location

State NM

County Santa Fe

Interior

Interior Features Interior Steps

Heating Forced Air,Fireplace(s),Natural Gas

Cooling None

Fireplace No

Appliance Dryer,Oven,Range,Refrigerator,Washer

Exterior

Parking Features Detached,Garage

Garage Spaces 1.0

Garage Description 1.0

Pool None

Water Access Desc Community/Coop

Roof Type Flat

Accessibility Not ADA Compliant

Total Parking Spaces 3

Building

Entry Level One

Sewer Septic Tank

Water Community/Coop

Architectural Style One Story

Level or Stories One

Additional Building Guest House Detached

Schools

Elementary Schools Amy Biehl Community

Middle Schools Milagro

High Schools Santa Fe

Others

HOA Fee Include Other,See Remarks

Tax ID 76004012

Acceptable Financing Assumable,Cash,Conventional,New Loan

Listing Terms Assumable,Cash,Conventional,New Loan

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