601 Alto Street - and 603 and 605

$1,195,000

1 of 40

601 Alto Street - and 603 and 605

$1,195,000

  • 3 beds
  • 3 baths
  • 994 sqft

Contact Presenting Broker

    Paul Duran

    505.310.5566

    Key Features

    • MLS: 202102493
    • Status: Sold
    • Price: $1,195,000
    • Bedrooms: 3
    • Full Baths: 3
    • Area: 3N-SF City SE North
    • Type: Multi Family
    • Acres: 0.28
    • Guest House: Yes
    • Main House Sqft: 169
    • Guest House Sqft: 825
    • Total Sqft: 994
    • Sell Date: 08-13-2021
    • Listing Agency: Sotheby's Int. RE/Washington
    • Selling Agency: Varela Real Estate, Inc.

    About this Property

    This special RAC zoned property located in the Historic Guadalupe District of Santa Fe with close proximity to the Railyard and the Plaza, is comprised of a total of 0.28 acres of land on two separate legal lots of record. Three separate and charming single-level, one-bedroom casitas are completely and lovingly restored with cozy living areas, open kitchens and bathrooms, all currently being leased with positive rental income. The property is ideal for a residential compound overlooking the banks of the Santa Fe River, with over 12,000 square feet of prime developable land (and a possibility of constructing additional luxury residences). The property is terraced from the street level on Upper Alto to the dirt portion of Lower Alto with a fenced and walled back parking area, as well as a nearby footbridge crossing to West Alameda Street. Two wrought iron gates and a separate wood gate secure private, flagstone and bricked garden courtyards for each casita with mature trees and landscaping. Two off-street parking spaces are situated just at the end of the compound. Two outbuildings and view decks overlooking the Santa Fe River complete the property. This is a true income generating property perfect for those looking to develop a downtown, riverfront estate or family compound.

    Additional Features

    • Type Multi Family
    • Stories One story
    • Style Pueblo
    • Days On Market 16
    • Garage TypeNone
    • Parking FeaturesNone
    • Interior FeaturesInterior Steps
    • # Fireplaces3
    • Other StructuresStudio/Office
    • Water SourcePublic
    • SewageCity

    Neighborhoods

    Santa Fe City Southeast

    Santa Fe's Historic EastsideWith some homes dating back centuries, these neighborhoods boast some of Santa Fe's most photographed adobe homes and gardens. Hosting a mix of multi-generational families and newcomers, the homes, often hidden behind high walls and accessed by narrow, dirt lanes, recall the city's early history and lend…

    Schools

    • Elementary School: Aspen
    • Junior High School: Aspen Community Magnet Sc
    • High School: Santa Fe

    Listing Brokerage

    IDX listing

    Gary Bobolsky

    Sotheby's Int. RE/Washington

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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 Keller Williams ® are marked with the IDX logo. All data in this web site is deemed reliable but is not guaranteed.