241 Tune Dr, El Prado, NM 87529

Property Description

Description: Three Houses in One! An Earthship split into a duplex by a shared mechanical room (each unit 1 bed/1 bath) and a Quonset Home with an addition added on as a second home (1 bed/1 bath). The Quonset building has plumbing to add a bathroom and kitchen and a loft used as a bedroom. This parcel contains five acres with horse infrastructure already established: a well-built barn to keep your hay dry in the winter and wet seasons, fencing, and an outdoor stable. The property still has about 2 acres to add more fencing or living spaces to. Highest monthly income is $6,000 and at $72,000 a year, this investment property is unbeatable compared to other multi-family homes on the market. Sellers are very flexible with pricing and offer owner-financing and a long-term loan up to 22 years with half the interest rate a bank would offer! You could choose to live in one of the units and rent out 2/3 for a monthly income of $3,750 with an annual income of $45,000! If you finish the Quonset House you can add more passive income and even rent out stalls/stables for more monthly income! This property is the epitome of passive income for a homeowner or investor ready to have an influx of cash. Call today for more info and let us know what you would offer - sellers are motivated!