About This Home
This 6-bedroom, 4-bathroom residential multi family at 321 Wayne Road NW in Los Ranchos, NM is listed for $739,000 ($246 per sqft). Built in 1960, the home offers 3,000 sqft of living space on a 0.57 acres lot.
Key Features
- Built in 1960
- 0.57 acre lot
Property Details
Amenities
Rare North Valley income-producing opportunity near Los Ranchos! This unique 4-unit property offers an exceptional combination of flexibility, location, and income potential on a spacious approximately 1/2-acre lot. The property features two individual 1-bedroom units plus a duplex consisting of two 2-bedroom units, providing four separate living spaces in total.
All units have been updated and are in move-in condition. Three of the four units are nicely furnished, and each unit offers its own private front-yard area along with ample on-site parking. Separate electric meters for each unit provide additional convenience for ownership and management, with water being the only shared utility.
Whether you're an experienced investor seeking a versatile income property, an owner-occupant looking to live in one unit while generating rental income from the others, or someone looking for a unique property with potential for furnished or vacation-rental use, this property offers a rare range of possibilities. Set in the highly desirable North Valley near Los Ranchos, this is a special opportunity that is not often available. Come explore the possibilities! Buyer to verify zoning for their use.
Monthly Cost Estimate
$3,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
321 Wayne Road NW
Los Ranchos, NM 87114
Englebrecht Subd
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 321 Wayne Road NW is listed at $739,000 ($246/sqft). The estimated monthly payment is $3,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.57 acre lot. Interior Features: CeilingFans.
This property is listed by Steve L Soto and can be reached at 5052634624.


