CERRILLOS HUD home - a single family home (3 beds, 1 baths)

Prime Property on Madrids Main Strip !!nDiscover an exceptional opportunity in the heart of Madrid, NM! This 3-bedroom, 1-bathroom propertyis ideally located on the vibrant main strip, offering unmatched potential as both a residence and a commercial space. Zoned for both uses, this home is perfect for an art studio, gallery, or creative business venture. The Casita is a great rental opportunity. The home has been thoughtfully updated with numerous upgrades, blending modern comforts with Madrids unique charm. A standout feature is the custom-built catio, new butcher block ,new counter tops and cabinets, upgraded appliances. Home also has upgraded electrical, 220 Amp. Seller spent around 23,000 upgrading the home. The Home boast tons of storage space, the attic plus the outdoor shed. Whether youre looking to live, work, or create in one of New Mexicos most artistic communities, this property offers endless possibilities. Dont miss this rare chance to own a piece of Madrids rich culture and history! ASSUMABLE VA LOAN AT 4.5%, SELLER IS ASKING FOR 23% DOWN. Take advantage of this rare opportunity to save on todays mortgage market!This HUD home is a single family home located in CERR...

This is a VA Home that the Department of Veteran's Affairs (DVA) has foreclosed on because the owner couldn't meet their payments. You are not required to be a serviceperson or even an owner-occupant to purchase these properties. Buyers interested in purchasing a VA-acquired property, should contact the listing agent or a local real estate broker of your choice to see the property.

Email New Homes Like These On Thursdays, get weekly alerts direct to your inbox from us with the newest properties in your search area.

Property Info
Property ID--
MLS Number--
Parcel Number--
County--
Bedrooms--
Bathrooms--
Living Area (sqft)--
Year Built--
Property Type--
Stories--
Total Units--
Total Rooms--
Heating--
Cooling--
Roof Type--
Style--
Construction Type--
Exterior Walls--
Sale History
Sale Date--
Sale Price--

© SmartZip, Inc., 2025. Home estimated values and investment ratings are provided by SmartZip Analytics, Inc. and subject to SmartZip's Terms of Use. What's a SmartZip Score?

Search New Location
Get Foreclosure Alerts Delivered to Your Inbox