501 Rio Grande , F2

Description

Excellent opportunity to own a primary residence or second income-producing home within a 7-minute walk to Old Town Plaza in Santa Fe. Enjoy the world-class restaurants, art galleries, and never-ending events scheduled throughout the year. The condo has been recently renovated to include a custom kitchen with reclaimed wood cabinetry from Mexico, custom live-edge black-walnut open shelves, stainless steel appliances, farm sink with new lighting throughout. Enjoy the spacious living room with Vegas and a wood-burning fireplace looking out on the custom back patio with a grill area, seating, and flagstone with river rock and a coyote fence. The bathrooms have new custom dual vanities with all-new paint. The two-bedroom, two-bathroom condo comes with a detached, spacious one-car garage, and the compound offers a swimming pool and jacuzzi area. HVAC was added to the condo within the last two years, and the hot water heaters were replaced in the last six months. Over the last 12 months, the condo has generated over $30,000 in rental income with no end in sight, and equity has averaged over $57,000 per year over the last 3 years.