108 Horton Circle, Ruidoso, NM 88345
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108 Horton Circle, Ruidoso, NM 88345
108 Horton Circle, Ruidoso, NM 88345
108 Horton Circle, Ruidoso, NM 88345
108 Horton Circle, Ruidoso, NM 88345
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Erin Anderson

Erin Anderson

+1(575) 694-4717
$ 629,000
Est. payment /mo
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108 Horton Circle Ruidoso, NM 88345

4 Baths

3,300 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Unit 2-4

Listing Status Active

Purchase Type For Sale

Square Footage 3,300 sqft

Price per Sqft $190

MLS Listing ID 20263828

Style 1 Story

Tax Year 2025

Lot Dimensions .52

Property Sub-Type Multi Unit 2-4

Property Description

C-1 Zoned Residential/Commercial Income or Multifamily Property. Rare opportunity to own a turnkey residential/commercial property just off of Sudderth Drive. This property offers flexibility for investment, multifamily living, or home based business use. All on just over 1/2 acre. Total Living Space: 3,300 Sq. Ft. 6 Bedrooms, 4 Bathrooms Property includes: - 2,175 Sq. Ft. Primary Residence: 3 bedroom, 2 bath with solar panels that significantly reduce electricity expense. - 750 Sq. Ft. Attached Unit - 2 bedroom, 1 bath. Great mother-in-law quarters or rental unit. Used as short term rental since 2020. - 400 Sq. Ft. Detached Studio Cabin. Kitchenette, Queen Bed, 3/4 Bath, Mini-Split. Used as short term rental since 2019. - 288 Sq. Ft. Detached Cabin. Pet bathing station, storage, and mini split (ideal for pet grooming business or private use). The two rental units have been successfully operated as AirBnb/VRBO properties for 7 years with a track record of over $22,000 annual revenue. Both are being sold fully furnished, including appliances, TV's, beds, mattresses, linens, and current decor. Turnkey and ready to generate income day one. Additional Features; - Separate rear lot , with access from Walnut Drive. Lot has space for a mobile home , with utilities within access to the lot. - All properties are on water filter and softener. - Three sided wood burning fire place in primary residence. - Fenced garden in the from of property. - Parking for 6-7 automobiles. - Fires and Floods have not impacted this property. - Residential and commercial flexibility. Live in primary residence and rent the others, or operate as a full investment property.

Location

State NM

County Lincoln County

Area New Mexico Mls

Rooms

Other Rooms Den / Family

Interior

Heating Electric, Central Forced Air, Gas, Heat Pump, SPLIT UNIT

Flooring Laminated, Tile, Wood

Fireplaces Type Electric, Woodburning Fireplace

Inclusions Ceiling Fan, Pantry, Walk In Closet, Blinds/Shades

Appliance Cooktop Range, Garbage Disposal, Microwave, Range-Built-In, Refrigerator, Water Softener, RO System, Tankless Water Heater, WASHER/DRYER HOOKUP

Laundry Yes

Exterior

Utilities Available Electricity, Natural Gas, Water-City, Solar, Garbage, Cable

Roof Type Pitched,Shingles

Building

Structure Type Floor-Slab,Floor-Wood,Frame,Siding-Wood,Crawlspace

Others

Acceptable Financing Cash, Conventional, VA, FHA

Listing Terms Cash, Conventional, VA, FHA

Listed by HOMECOIN.COM
Erin Anderson

Erin Anderson

Qualifying Broker | License ID: 19757

+1(575) 694-4717

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108 Horton Circle