831 Rio Vista Street A-B-C

$799,000

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831 Rio Vista Street A-B-C

$799,000

Contact Presenting Broker

    SIR

    Sotheby's International Realty ®

    (800) 409-7325

    Key Features

    • MLS: 202402502
    • Status: Pending No Showings
    • Price: $799,000
    • Area: 2-SF City Limits NW
    • Type: Triplex
    • Acres: 0.16

    About this Property

    Great opportunity to purchase a multi-unit property in the highly desirable neighborhood of Casa Solana, within minutes of the plaza, rail yard, restaurants, shopping, great hiking trails, and easy access to 285. The triplex includes a main house completely remodeled with two bedrooms, two bathrooms, a large front and fenced-in back yard with drip irrigation; and two complete studios. Solid rental history, the two studios are presently rented. Limited times to schedule showings to avoid tenants' disturbance. Potential rental revenue for 3 units, $72,000 a year. Deducting utilities (~$1,700/YR) Insurance (~$1,200) and taxes (estimated new buyers $6,200) Total Proforma Return Cap rate ~7.86%

    Additional Features

    • Type Triplex
    • Style One Story
    • Subdivision Casa Solana
    • Days On Market 25
    • AppliancesDryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
    • UtilitiesElectricity Available
    • Interior FeaturesNo Interior Steps
    • HeatingForced Air
    • Construction MaterialsBlock, Frame
    • RoofFlat
    • Water SourcePublic
    • SewagePublic Sewer

    Neighborhoods

    Santa Fe City Northwest

    Santa Fe City Northwest includes many delightful neighborhoods for all types of interests. Many of the homes were built in the 1960's by developer Allen Stamm and may include vigas, hardwood floors, fireplaces and solid construction. As you travel down West Alameda, the homes begin to spread out a bit. Horse farms dot the landscape. Newly-constructed homes appear on large open tracts. Any

    Schools

    • Elementary School: Gonzales
    • Junior High School: Gonzales
    • High School: Santa Fe

    Listing Brokerage

    IDX listing

    Stephen Hardy

    Hardy & Company

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    The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of SFAR MLS, Inc. Real estate listings held by brokers other than Sotheby's International Realty ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.