404 1st Street

Magdalena, NM
$ 495,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

The Western Hotel consists of 6 rooms. 5 rooms have 2 beds, fridge, small appliances for the convenience of the people staying overnight, and a 3/4 bath. 1 unit has a kitchenette off the bedroom, and has 2 separate access doors. The main house has so much potential for additional income stream. Two of the three bedrooms have been rented out in the past, and the house could be a fantastic ''Bed & Breakfast'' facility for additional income potential.RV Park consists of 12 to 14 extra large space, with community water, city sewer, electricity, & satellite connection. Spaces rent between $25.00 to $35.00 per night, but has the potential for higher rates. The main house consists of 1854 sq.ft. with 3 bedrooms, a large dining room, and country kitchen.

Commercial

  • Price
  • $ 495,000
  • Lot Size
  • 0.73 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Magdalena
  • Taxes
  • 800
  • County
  • SOCORRO
  • Style
  • Mixed Use
  • Area
  • South Socorro
  • MLS#
  • 977200
  • Zip
  • 87825
Listing Provided by: Coldwell Banker Legacy
Data Source: Southwest Multiple Listing Service

Features

General

Building Features Private Restrooms
Community Features Fenced Yard
Construction Materials Adobe, Frame, Stucco
Cooling Window Unit(s)
Electric 220 Volts
Exterior Features Propane Tank - Leased
Heating Wood Stove, Wall Furnace
Location Business Center, Downtown, Highway Frontage, Rural
MLS Area 621 - South Socorro
Property SubType Mixed Use
Property Type Commercial Sale
Terms Cash, Conventional
Utilities Electricity Connected, Propane, Phone Connected, Sewer Connected, Water Connected
Zoning Description C-1

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Fencing Yard Fenced
Lot Size Acres 0.73
Lot Size Source Public Records
Lot Size Square Feet 31799
Total Parking 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Albuquerque, NM office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/17/2020 Listed $495,000

Property vs Zip Code Average in 87825

Price
AVG $270K
$500K
Taxes
AVG $1,548
$800
Visits
AVG 27
14
Walkscore
AVG 26
35
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

404 1st Street Magdalena, NM is a Single Family Home for sale at $495000 and a lot size of 0.73 Acres Acre(s). 404 1st Street Magdalena has 0 bedrooms, 0 baths . The property's zip code is 87825 which is in Magdalena, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.