This income potential, light commercial or residential use property can function as one large home, two separate residences/rentals or a live/work setup. With an established rental history and an operating successful business, it presents a unique opportunity for investors, entrepreneurs, or those seeking a flexible lifestyle in one of Santa Fe's most desirable areas. Located in the South Capitol neighborhood and the Wood Gormley School District, this charming and versatile 3-bedroom, 2-bath, 1,771-square-foot condo offers flexibility, comfort, and business income opportunity. This upgraded home features classic Santa Fe style with Saltillo and Talavera tile, reclaimed oak wide-plank flooring, French doors, skylights, beams, and a kiva fireplace. The main level includes open living and dining areas that flow into a remodeled kitchen and a sunny south-facing courtyard-perfect for entertaining or relaxing. Upstairs, two bright bedrooms and a full bath offer comfortable private spaces. The attached unit on the first floor has its own private gated entrance, kitchen/living space, bedroom, flex room, and 3/4 bath, making it ideal for guests, tenants, or a separate small business. Additional highlights include mini-splits, a new furnace, private laundry area, extra storage, and dedicated parking spaces. Conveniently located near downtown, South Capitol Rail Runner station, Clafoutis, Trader Joe's, parks and many of Santa Fe's best restaurants, this property blends charm, versatility, and location in a way that's rarely available.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Interior Features
- InteriorSteps
- Flooring: Tile, Wood
Appliances
- Dryer
- Dishwasher
- GasCooktop
- Oven
- Range
- Refrigerator
- WaterHeater
- Washer
Heating and Cooling
- Fireplace Features: Kiva
- Heating Features: Ductless, ForcedAir, Fireplaces
- Heating: Yes
- Number of Fireplaces: 1
Land Info
- Land Lease: No
- Lot Size Acres: 0.01
- Lot Size Source: PublicRecords
- Lot Size Square Feet: 540
Exterior and Lot Features
- Other Structures: GuestHouseAttached, Storage
Garage and Parking
Homeowners Association
- Association: Yes
- Association Fee: 500
- Association Fee Frequency: Quarterly
- Association Fee Includes: CommonAreas, Insurance, RoadMaintenance
- Calculated Total Monthly Association Fees: 167
School Information
- Elementary School: Wood Gormley
- High School: Santa Fe
- Middle School: Milagro
Rental Info
Other Property Info
- Source Listing Status: Active
- County: Santa Fe
- Directions: Home is on the corner of Don Diego Ave. and Camino De Los Marquez. Use designated spaces or street parking.
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 3N-SF City SE North
- Parcel Number: 018900608
- Postal City: SANTA FE
- Zoning: C-1
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 2111
- Year Built: 1987
- Building Area Total: 2111
- Construction Materials: Frame, Stucco
- Levels: Two
- Living Area Source: PublicRecords
- Living Area Units: SquareFeet
- Property Age: 38
- Roof: Flat
- Levels or Stories: 2
- Year Built Source: PublicRecords
- Architectural Style: NorthernNewMexico
Accessibility Features
- Accessibility Features: NotAdaCompliant
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
- Water Source: Public
Home Features
- Security Features: SurveillanceSystem