Raton NM Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,575
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1920
Baths:
MLS#:
20245435

ADDITIONAL INFORMATION

Great Investment opportunity! Multi family living! Live in one home and rent the other! Cute one bedroom home in the front! Large living area/great room. Original hardwood floors throughout most of the home. Kitchen floors have been refinished! Bedroom has nice walk in closet! Basement space is a plus for storage and work area! Guest house in back has 3 bedrooms and one bath. Great home for family members or guests and even better for income producing property! Attached one car garage to guest house! xeriscape landscaping makes this an easy property to maintain! Call today to view!

Type:
Multi-Family
Sq.Ft.:
5,748
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1984
Baths:
MLS#:
20241261

ADDITIONAL INFORMATION

Great investment opportunity! Partial remodeling in the apartments and the option for one bedroom or duplex units, each individually metered, with the two back homes just under 700 sq ft each. The addition of the storage units, a separate laundry area and mailboxes is a great bonus ! The motel can be 7 apartment units, renovation has begun and just needs some tlc to bring these to full rental income units. New roofs on buildings, fresh exterior paint. Materials have been purchased to finish the buildings and are negotiable. 9 units, 14 baths, 75% new electrical brought to building, new hot water heaters, new water lines to the property and new sewer line install. Also has an RV hookup on property! Purchase this property and the laundry mat in front for a great deal and massive rental income or business opportunity! $445,000 gets it all with most of the uninstalled inventory!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1900
Baths:
MLS#:
20244699

ADDITIONAL INFORMATION

Investment opportunity! Duplex or large home! Owner started construction on upper level. Once finished it would be a 2 bed, 2 bath and basement apartment is 3 bed, 2 bath. Large space upstairs and down with detached garage. Lots of opportunity! Add to your investment portfolio! Call today for more information.

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Andrea Conner License # 20396 Xome Inc. License # 09022, [email protected] 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


The data relating to real estate for sale in this web site comes in part from the Internet Data Exchange (“IDX”) program of the New Mexico MLS. Real Estate listings held by brokers other than Xome Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed. Copyright 2024 New Mexico MLS, Inc. MLS. All rights reserved.



Raton Real Estate

The median home value in Raton, NM is $140,000. This is higher than the county median home value of $121,800. The national median home value is $219,700. The average price of homes sold in Raton, NM is $140,000. Approximately 49.82% of Raton homes are owned, compared to 29.82% rented, while 20.36% are vacant. Raton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Raton real estate agent to arrange a tour today!

Raton, New Mexico has a population of 6,249. Raton is less family-centric than the surrounding county with 16.61% of the households containing married families with children. The county average for households married with children is 17.96%.

The median household income in Raton, New Mexico is $27,902. The median household income for the surrounding county is $33,042 compared to the national median of $57,652. The median age of people living in Raton is 46.6 years.

Raton Weather

The average high temperature in July is 85.4 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 18.1 inches per year, with 43.6 inches of snow per year.

Raton Real Estate Market Conditions

  • Median sales price

    $140,000
    7.99% change since last quarter
  • # Active listings

    43
    30-day change

Raton Schools and Demographics

Education near Raton, NM

Metric City County
High School Graduates 85.93 88.6
College Degree - 2 year 9.89 8.22
College Degree - 4 year 11.55 20.48
Graduate Degree 3.54 5.77
Expenditures per Student 10,348 13,946
Students per Teacher 12.1 11.2

Elementary Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron Elementary School KG - 04 60 10.9 87714
Columbian Elementary School 02 - 03 132 11 87740
Forrester Elementary School KG - 02 45 9.4 87747
Longfellow Elementary School PK - 01 220 14.7 87740
Maxwell Elementary School KG - 06 57 10.5 87728
Wilferth Elementary School 03 - 06 50 9.7 87747

Middle Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron Middle School 05 - 08 61 8.7 87714
Kearney Elementary School 04 - 05 156 11.3 87740
Maxwell Middle School 07 - 08 18 9.3 87728
Raton Middle School 06 - 08 224 13.2 87740

High Schools near Raton, NM

School Grades Students P/T Ratio ZIP
Cimarron High School 09 - 12 74 9.1 87714
Maxwell High School 09 - 12 33 6.5 87728
Raton High School 09 - 12 242 10.5 87740
Springer High School 07 - 12 81 11.2 87747

Demographics near Raton, NM

Metric City County
Neighborhood Type Small Town
Population 6,249 12,522
Population Density 785 3
Median Age 46.6 48.8
People per Household 2 2.2
Median Household Income 27,902 33,042
Average Income per Capita 19,438 21,785