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

This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $509,634
This home qualifies for the Program
A HOT home may qualify for a special purchase program to help home buyers or investors. Programs are available for only a limited time and may be sponsored by the government or private organizations.
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.

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