Discover a prime investment opportunity in Santa Fe! This multi-family property located in the historic Agua Fria Village is sited on a 2.191 acre parcel-…
MLS: 202502193
List Date: 05-19-2025
Status: Active
Area: Southwest City, North
Type: Multi Family
Acres: 2.19
Cindy Sheff
505.470.6114
Cindy Sheff
505.470.6114
Discover a prime investment opportunity in Santa Fe! This multi-family property located in the historic Agua Fria Village is sited on a 2.191 acre parcel- half of which is undeveloped. Originally a family compound with three residences, it became the International Institute of Chinese Medicine, and was later reimagined into 5 dwellings and 2 studios spanning 8,000 square feet. The charming property features gated access, ample paved parking for residents and visitors alike, 3 buildings, two wells, and 3 septic systems. With flexible “Commercial Neighborhood” zoning, County oversight, and a full set of plans to develop the vacant portion, the savvy investor will enjoy immediate rental income while a plan is formulated for the additional land. Just a short drive from downtown, shopping, and entertainment, this singular opportunity is priced at it’s most recent appraisal value, and is poised to combine the historic charm of Santa Fe with the profitability of future development within our robust housing market.
Appliances:See Remarks
Association Amenities:Gated
Construction Materials:Adobe, Frame, Stucco
Days on Market:17
Heating:Natural Gas
Interior Features:Interior Steps
Property Type:MultiFamily
Roof:Flat
Security Features:Security Gate
Sewage:Septic Tank
Style:One Story
Utilities:Electricity Available
Zoning:Other
Elementary School: El Camino Real Academy
Junior High School: El Camino Real Academy
High School: Capital
Natalie Rivera Benavent
Barker Realty, LLC
