1351 Pacheco St, Santa Fe, NM 87505

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Building Details:

Multi-family investment opportunity in the Pacheco Triangle! Great location close to Whole Foods, Railrunner train station, Trader Joe's, restaurants, education, and jobs.There are several ways to take advantage of this in-town investment: 3 dwelling units in 2 buildings make this a great rental property as-is; scrape the site flat and build a new multifamily/multistory complex; or redevelop this site as a multifamily property (the 3-story apartment building across the street suggests this may be consistent with existing development in the neighborhood). The vacancy rate in Santa Fe for apartments is 2.6% as of May 2016 and rents are higher as a result. Property consists of 2 lots: one zoned C-1 and the other R-21. Offered for sale by an estate "as-is, in-place, and with all faults".