$999,000 406 Mechem Drive Ruidoso, NM

MLS: 125552   Type: Multi-Family   County: Lincoln   City: Ruidoso   Neighborhood: Hamilton Terace   Zip: 88345   Style: Cabin Operation     Taxes: $9,971

Mortgage $4,690 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

0

0.95

1950

The Rustique Bungalows are conveniently located within Minutes Of Midtown Ruidoso/10 Minutes away from Inn Of The Mountain Gods Resort And Casino. Approx acreage is .95 of acre(according to County Tax assessor's Office). Bungalows have access threw Mechem DR as well as Upper Terrace.Plenty of onsite parking available for guest. Current owners have done extensive work/remodel on ALL five of the site built buildings. Owners have also added three small Studio apartments/Cabins. That add nightly rental revenue.Short term Owner Financing available.Please contact Realtor for additional Information and complete list of upgrades done to the entire property.

Elementary School

Middle School

High School

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Price History

10/7/2020 Listed $950,000

Amenities Laundry, Parking, Storage
Appliances Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Area Ruidoso
Business Name N/A
Business Only No
Business Type Cabin Operation
Cooling Central Air
Flooring Carpet, Concrete, Wood
Heating Natural Gas
Levels Multi/Split
Other Equipment Call Listing Agent
Property SubType Commercial Improved
Property Type C
Road Frontage City/Public Street
Roof Metal, Pitched
Rooms Laundry, Office, Utility Room
Security Features Smoke Detector(s)
Site/topography Freestanding
Subdivision/project Hamilton Terace
View Trees/Woods
Waste System Public Sewer
Zoning C2

Interior Features

Approximate Heated SqFt 0.00
Fireplace Wood Burning
Interior Features Appliances Only

Exterior Features

Car Storage On Site, Parking Lot
Exterior Feats Garden, RV Hookups
Fencing Partial, Perimeter
Finish/construction Stucco, Wood Siding
Lot 3-4
Lot Description Gentle Sloping, Wooded
Lot Size -
Other Structures Storage
Road Surface See Remarks
Water Source Public
WaterFront Features None

Property Schools



Direct Link:

https://www.ruidosonewmexicoproperty.com/property/273-125552-406-Mechem-Drive-Ruidoso-NM-88345

Gallery (32 photos)

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Property vs Zip Code Avg (88345)

Price 999K Avg 645K

Taxes $9,971 Avg $5,133

Acres 0.95 Avg 0.53

Visits 15 Avg 36

Days on Site 220 Avg 470

Walkscore® 59 Avg 47

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Coldwell Banker SDC




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Location & Address

Pinnacle Real Estate & Development Inc.
931 State Highway 48
Alto, NM
575-956-9038
575-336-9110