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601 Alto St
US $1,195,000
Property features
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  • 3 bedrooms
  • 3 bathrooms
  • Tile
  • Hardwood
  • 3 Fireplaces
  • High Tech Cabling
  • 1 Car Garage
  • QC Approved Listing
  • Video QC Approved Listing
Property description
This special RAC zoned property located in the Historic Guadalupe District of Santa Fe with close proximity to the Railyard and the Plaza, is comprised of a total of 0.28 acres of land on two separate legal lots of record. Three separate and charming single-level, one-bedroom casitas are completely and lovingly restored with cozy living areas, open kitchens and bathrooms, all currently being leased with positive rental income. The property is ideal for a residential compound overlooking the banks of the Santa Fe River, with over 12,000 square feet of prime developable land (and a possibility of constructing additional luxury residences). The property is terraced from the street level on Upper Alto to the dirt portion of Lower Alto with a fenced and walled back parking area, as well as a nearby footbridge crossing to West Alameda Street. Two wrought iron gates and a separate wood gate secure private, flagstone and bricked garden courtyards for each casita with mature trees and landscaping. Two off-street parking spaces are situated just at the end of the compound. Two outbuildings and view decks overlooking the Santa Fe River complete the property. This is a true income generating property perfect for those looking to develop a downtown, riverfront estate or family compound.

https://www.sothebysrealty.com/id/v4qfhk
601, 603 & 605 Alto Street, Santa Fe, New Mexico, United States
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