1215 N Orchard, Espanola, NM 87532

$522,500 Asking Price

5 beds
2 baths
1,696  sqft
Built in 1950

This property has so much potential as either a family property or an investment property! There are 3 addresses associated with the lot. One of the homes is fully furnished and has been successfully operating as an Airbnb since Dec. 2022 with a 70-80% occupancy rate at a median nightly rate of $110. This residence is about 1266 sq ft and is 2 bed 1 bath. See the video tour for this home! This one is selling fully furnished and equipped. The other home is about 1696 sq ft. This one still has a few updates left to finish but has new kitchen cabinets and counters, new flooring, new paint, new mini split system, new stove, new dishwasher. There is a large attic space that can be accessed from exterior stairs. One area of this has been finished with drywall and flooring. And there is potential to finish out the remainder. The third address is a heated studio room about 256 sq ft. It has potential to be turned into another residence or could be used for heated storage, work out room, music room, etc. A few more pros to this property are good well water, fast internet and extra storage!

Features & Amenities

Interior

General:
Interior Steps
A/C:
true, Ductless,Refrigerated
Heating:
Ductless
Fireplace:
Gas, Fireplace, Fireplaces: 1
Disability Feature:
Not ADA Compliant

Exterior

General:
Guest House,Storage
Style:
Contemporary
Other Structures:
Guest House,Storage
Parking:
Parking spaces: 4

Construction

Roofing:
Pitched
General:
One

Location

Originating MLS:
SFAOR
County:
Rio Arriba

Lot

Zoning:
SUBD: WOMELSDUFF SUBDIVISION LOT: 5 S: 36 T: 21N R: 08E S: 36 T: 21N R: 08E 0.26 AC, 134/375,430/410-411,537/2150,542/1195,, 1-048-121-060216

Utilities

Utilities:
Electricity Available
Water:
Private,Well
Sewer:
Public Sewer

Financial

Source:
SFAOR
Listing Agent Compensation:
3
Buyers Agent Compensation:
3

This listing courtesy of:
Keller Williams Realty, Rachel F. McMath

About Espanola, NM

Housing

Number of Units
8,217
Median Home Value
$183,949
Median Rent
$520

33.17% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
87.92%
Public Transportation
1.42%
Walk to Work
1.14%
Work from Home
9.11%
Other
0.40%

The median travel time to work is 27 minutes.

People

Population
18,009
Median Age
39.80
Median Household Size
2.38

Education

High School
31.54%
Associate’s Degree
7.71%
Bachelor’s Degree
12.88%
Graduate Degree
7.61%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: