Other in Taos, NM

Exceptional Investment or Multi-Family Opportunity in One of Taos' Most Desirable Neighborhoods Set on a wonderful .27-acre lot graced with beautiful old-growth trees, this unique property offers charm, flexibility, and outstanding income potential in the heart of Taos. 313 A & B Montoya features an original 1950s adobe, thoughtfully remodeled around 2011, now configured as two separate 1-bedroom, 1-bath residences (542 sq ft and 931 sq ft), offering excellent rental possibilities. For those seeking a single-family residence, the adobe could easily be reimagined as a spacious 2-bedroom, 2-bath home. Also included is 317 Montoya, a newly renovated and well-maintained 2-bedroom, 1-bath manufactured home, ideal as an additional rental or guest residence. 315 Montoya presents even more upside-a 3-bedroom, 1-bath modular home with carport ready for restoration, or perhaps conversion into a garage, workshop, studio, or creative space. With projected rental income of approximately $6,000 per month, this is a rare opportunity for investors, multi-generational living, or those seeking a flexible live/work compound. Surrounded by mature trees and nestled in one of Taos' best neighborhoods, this property combines income potential, character, and future possibilities in an exceptional setting. Don't miss this rare chance to own a truly versatile investment property in the heart of Taos.