Cindy Sheff
505.470.6114
Contractor special. A heavy fixer with tremendous upside. Listed at less than $53 per square foot, this property has tremendous upside for renovation and resale;…
MLS: 202500702
List Date: 03-11-2025
Status: Active
Area: Taos Area
Type: Multi Family
Acres: 0.35
Cindy Sheff
505.470.6114
Cindy Sheff
505.470.6114
Contractor special. A heavy fixer with tremendous upside. Listed at less than $53 per square foot, this property has tremendous upside for renovation and resale; or income potential from leasing the units.This multi-family property is a unique opportunity to own on vibrant and historic St. Francis Plaza, literally steps away from where Ansel Adams took his famous photo of the rear of the St. Francis de Assisi Mission Church in 1929.Approximately 7,456 SF with 7 to 8 units (depending on final layout), currently vacant, the property includes both adobe and frame construction. Over the past several years, the owners have carefully prepared the property for renovation. It now features legal access directly from St. Francis Plaza, a formalized lot split with new survey, and a tentative agreement to access community water. (The property is currently on a private well, with additional surface water rights; and municipal sewer.)The current owners have also had architectural plans drafted for renovation, performed asbestos abatement and done much of the necessary interior demolition, with the project now ready for permitting. An incredible opportunity for the right buyer!
Days on Market:44
Heating:None
Interior Features:Interior Steps
Stories:Multi/Split
Property Type:MultiFamily
Roof:Metal
Sewage:Public Sewer
Style:Multi-Level
Utilities:Other, See Remarks, Electricity Available
Zoning:Other
Elementary School: Taos
Junior High School: Taos Jr High
High School: Taos High School
Matthew Kreitzer
Mountain Sky Realty