241 Tune Dr
Description: Three Houses in One! An Earthship split into a duplex by a shared mechanical room (each unit 1 bed/1 bath) and a Quonset Home with an addition added on as a second home (1 bed/1 bath). The Quonset building has plumbing to add a bathroom and kitchen and a loft used as a bedroom. This parcel contains five acres with horse infrastructure already established: a well-built barn to keep your hay dry in the winter and wet seasons, fencing, and an outdoor stable. The property still has about 2 acres to add more fencing or living spaces to. Highest monthly income is $6,000 and at $72,000 a year, this investment property is unbeatable compared to other multi-family homes on the market. Sellers are very flexible with pricing and offer owner-financing and a long-term loan up to 22 years with half the interest rate a bank would offer! You could choose to live in one of the units and rent out 2/3 for a monthly income of $3,750 with an annual income of $45,000! If you finish the Quonset House you can add more passive income and even rent out stalls/stables for more monthly income! This property is the epitome of passive income for a homeowner or investor ready to have an influx of cash. Call today for more info and let us know what you would offer - sellers are motivated!
Building Details
- Year Built: 1995
School
- Elementary School: Arroyos Del Nt
- Middle or Junior School: Taos
- High School: Taos
Lot and Land Information
- Lot size, acres: 5 acres
- Vegetation: Mixed
Lease Information
- Number of Units Total: 3
Agent: Josephine Esquibel, Wild West Realty
The data relating to real estate for sale in this web site comes in part from the Internet Data exchange (“IDX”) program of TCAR MLS, Inc. Real estate listings held by brokers other than Taos Properties are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.