About This Home
This 2-bedroom, 1-bathroom single family at 533 S 2nd St in Raton, NM is listed for $144,500 ($120 per sqft). Built in 1940, the home offers 1,208 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1940
- 0.16 acre lot
- 3 parking spaces
Property Details
Amenities
Investment Opportunity in the Heart of Raton! This versatile property features a 2-bedroom, 1-bath main home paired with a separate 2-bedroom, 1-bath rental unit, offering exceptional flexibility for investors, house hackers, or multifamily living. Live in one unit while generating rental income from the other, or lease both units for maximum cash flow potential.
Adding significant value, the property also includes three single-car garage/storage units located beneath the second rental unit, providing additional storage options, tenant convenience, and potential supplemental income. Ideally situated just minutes from downtown Raton, this property offers outstanding walkability.
Residents enjoy quick access to the train station, coffee shops, library, shopping, and essential servicesall within a short distance. With its dual-unit configuration, additional storage/garage spaces, and prime walkable location, this property delivers strong rental versatility and long-term investment upside in a highly convenient setting. Whether expanding your portfolio or starting your first investment property, this is a rare opportunity combining location, income potential, and multi-use functionality.
Monthly Cost Estimate
$773/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
533 S 2nd St
Raton, NM 87740
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 533 S 2nd St is listed at $144,500 ($120/sqft). The estimated monthly payment is $773 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.16 acre lot, 3 parking spaces.
This property is listed by Wendy Mileta and can be reached at 5757071662.
