Property Description

Prime Property on Madrid’s Main Strip !!
Discover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom property is ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrid’s unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether you’re looking to live, work, or create in one of New Mexico’s most artistic communities, this property offers endless possibilities. Don’t miss this rare chance to own a piece of Madrid’s rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on today’s mortgage market!

Features
: Natural Gas, Fireplace(s), Forced Air
: 3
: Dryer, Refrigerator, Washer, Oven, Range
: Onestory
: Garage, Detached
$0
: Flat
: Septic Tank
Address Map
NM
Santa Fe
Madrid
87010
2884 NM 14
0
W107° 50' 55.3''
N35° 24' 31.6''
Additional Information
Keller Williams Realty
Carlos J. Gutierrez-Pacheco
: Accessibilityfeatures
$25
Annually
: Other, Seeremarks
1,476 Sqft
10
10
12-madrid/cerrillos
: Circuit Breakers
$0
Amy Biehl Community
0
1
Santa Fe
: Interiorsteps
Assumable,Cash,Conventional,NewLoan
$0
Milagro
76004012
$0

Residential

2884 NM 14, Madrid, New Mexico 87010

3 Bedrooms
1 Bathrooms
1,300 Sqft
Visits : 119 in 12 days
$437,000
Listing ID #202404745
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202404745
Price : $437,000
Bedrooms : 3
Bathrooms : 1
Full Bathrooms : 1
Square Footage : 1,300 Sqft
Year Built : 1912
Acres : 0.16 Acre
Lot Area : 6,969.60 Sqft
Status : Active
Property Sub Type : Single Family Residence
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