5 Montoya

Rare opportunity to create a compound, spacious single family home, or income producing long term investment tucked in the hills on the historic Eastside on Montoya Circle. Unique setup with 3 adobe "homes" that were originally all connected as 1 home, then separated by current owner (all with separate entrances & utilities. Can be combined again), and now operate as a 2 bed/1 bath main house, with 2 adjacent structures (one is a 2 bed/1 bath guest house and the other a studio with 1 full bath). Extremely versatile property with endless possibilities such as setting up as a sprawling single family home, keep as 3 separate abodes to rent out, or live in one and rent out the other 2 for passive income and mortgage free living as examples. Pictures of interior are of main house only and it features a split floorplan with wide/bright South facing living room, separate dining room, large galley kitchen, laundry room, rear bedroom with cozy gym attached, and great front portal for relaxing. Guest house & studio are in more original condition and will need significant updating but can really shine with the right touches. Parking for 6 (maybe more) cars and studio currently rented month to month for $800/mo. Property will require significant renovations to the interiors and possibly exterior to be brought up to today's standards and is being sold as-is. All offers will be considered