1215 N Orchard Espanola, NM 87532

5 Beds
2 Baths
3,218 Sqft
11,326 Sqft lot
0.26 Acre lot
Status: Active
Property Type: Singlefamilyresidence
Year Built: 1950
Days on Website: 146

Courtesy of Rachel McMath, Keller Williams Realty.

Description

This property has so much potential as either a family property or an investment property! There are 3 addresses associated with the lot. One of the homes is fully furnished and has been successfully operating as an Airbnb since Dec. 2022 with a 70-80% occupancy rate at a median nightly rate of $110. This residence is about 1266 sq ft and is 2 bed 1 bath. See the video tour for this home! This one is selling fully furnished and equipped. The other home is about 1696 sq ft. This one still has a few updates left to finish but has new kitchen cabinets and counters, new flooring, new paint, new mini split system, new stove, new dishwasher. There is a large attic space that can be accessed from exterior stairs. One area of this has been finished with drywall and flooring. And there is potential to finish out the remainder. The third address is a heated studio room about 256 sq ft. It has potential to be turned into another residence or could be used for heated storage, work out room, music room, etc. A few more pros to this property are good well water, fast internet and extra storage!

Open House

Property Details and Features

  • Bathrooms Three Quarter: 0
  • Bathrooms Total Integer: 2
  • Living Area Source: Owner
  • Living Area Units: SquareFeet
  • Other Structures: GuestHouse,Storage
  • Accessibility Features: NotADACompliant
  • Interior Features: InteriorSteps
  • Listing Terms: Cash,Conventional
  • City: Espanola
  • County Or Parish: Rio Arriba
  • Parcel Number: 1-048-121-060216
  • Parking Total: 4
  • Possession: CloseOfEscrow
  • Property Sub Type: SingleFamilyResidence
  • Tax Legal Description: SUBD: WOMELSDUFF SUBDIVISION LOT: 5 S: 36 T: 21N R: 08E S: 36 T: 21N R: 08E 0.26 AC, 134/375,430/410-411,537/2150,542/1195,