138 Paradise Canyon Dr, Ruidoso, NM 88345

$305,000
1,455
SqFt

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List Price
$305,000
Year Built
1976
MLS#
133943
Status
ACTIVE
Type
Commercial
Style
Cabin, Other
Half-bathrooms
1
Region
Ruidoso
Subdivision
Palmer Gateway

Property Description

Excellent investment property opportunity. Finish to suit Triplex, possible 4 unit residential rental and/or commercial on one of the very few commercial (C1) zoned properties on Paradise Canyon in Ruidoso, NM near the Rio Ruidoso. Owner has begun remodeling construction on the 3 units. One unit is a studio casita near completion. The other is a two level. Upstairs and downstairs units are separate with one bedroom and bath. There is another unit requiring remodel and another multi use storage building. Current units are separately metered for electric. Separate gas meters. Single water-sewer meter. Ample parking. property is not flood damaged according to seller. Buyer to independently verify all documents, floodway , zoning, building code.

Additional Information

Living Area
1,455
Acres
0.95
Taxes
$1,135
Interior Features
Other, Other
Utilities
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
Exterior Features
Balcony
View
Trees/Woods
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of RE/MAX Classic Realty Commercial Division.