1004 State Road 76, Santa Cruz, NM 87567 (MLS# 1088544)

1004 State Road 76, Santa Cruz, NM 87567

$1,023,993

Property Type: Residential Income Square Footage: 5,741 Lot Size (sq. ft.): 50,094 Status: Active

Current Price: $1,023,993 List Date: 7/11/2025 Last Modified: 4/07/2026

Overview

Description

In addition to being the state capital, and the oldest capital in North America, Santa Fe is a top market on the planet for travel, culture, food, arts, film/tv and so much more. This seven plex is well located in close proximity jobs, retail, restaurants, casinos and the world famous El Parasol and Rancho Chimayo Restaurants. Each of the units has it's own laundry or shares with one additional unit. Most of the residences have their own private yard spaces and truly feel like separate cottages in a larger northern New Mexico familial compound setting. The property is a value-add opportunity if repositioned to take advantage of the announced 20,000 jobs, at the rate of 2,000 per year, at Los Alamos National Laboratories (LANL) that will spill in the surrounding towns, and cities.

Listing Details MLS# 1088544

Contract Information

List Price/SqFt: 178.36

Location

Street #: 1004
Street Name: State Road 76
County: Santa Fe
City/Town Code: Santa Cruz
State/Province: NM
Zip Code: 87567
MLS Area Major: 310 - Santa Fe County N of RR
Zone Atlas: NOZA

CityCounty Data

Subdivision Name: T20 N R 8 S2 1.15 AC Tract 188

General Property Description

# of Units: 7
5+ Units: Yes
Units for Sale: 7
Property Sub-Type: Multi-Family
Living Area: 5741
Lot Size Source: On-Line
Acres: 1.15
Lot SqFt: 50094
Directions: From Highway 285, north to Santa Cruz road east to the property.
Stories: Yes
Total Stories in Bldg: Yes
Total # of Buildings: 6
Year Built: 1945
Year Built Source: Other
Age: 71 - 80
Accessory Dwelling Unit: No
Disability Access: No
LBP Disclosure: Yes
Builder: Unknown
Owner Occupant Unit: Yes
Multiple Lots: One
Flood Zone: X

Cooling

Centrally Ducted: No
Evaporative Cooling: Yes

Basement

Basement: No

More Information

Sales Info

Trade/Xch Considered: No

# of Unit Types (1)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 1000A
Approx. SqFt: 750
Actual Rent: 1850
Max Rent: 1850
Market Rent: 1850

# of Unit Types (2)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 1000B
Approx. SqFt: 675
Actual Rent: 1550
Max Rent: 1550
Market Rent: 1950

# of Unit Types (3)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 1002A
Approx. SqFt: 1150
Actual Rent: 1950
Max Rent: 1950
Market Rent: 1950

# of Unit Types (4)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 1002B
Approx. SqFt: 736
Actual Rent: 1625
Max Rent: 1625
Market Rent: 1625

# of Unit Types (5)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 1002C
Approx. SqFt: 500
Actual Rent: 1400
Max Rent: 1400
Market Rent: 1400

# of Unit Types (6)

# of Units: Yes
# of Bedrooms: 2
# Baths: Yes
Style: 1004A
Approx. SqFt: 1000
Actual Rent: 1150
Max Rent: 1150
Market Rent: 1400

# of Unit Types (7)

# of Units: Yes
# of Bedrooms: Yes
# Baths: Yes
Style: 1004B
Approx. SqFt: 700
Actual Rent: 1250
Max Rent: 1250
Market Rent: 1850

Unit Summary

Total Units: 7
Average Unit Size: 787.28
Average Actual Rent: 1539.28
Annualized: 129300
Total Actual Rent: 10775

Currently Not Used

Bank Owned: No

City/County Data

UPC Code: 1047120465165000000

Tax & Legal Info

GRT Code: 01-902
Tax Exemption: No
Tax Annual Amount: 2948

Construction Materials

Adobe: Yes
Block: Yes
Frame: Yes
Stucco: Yes

Amenities

Laundry Community: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes
Forced Air: Yes
In-Floor: Yes

Owner Pays

Water: Yes

Tenant Pays

Other - See Remarks: Yes

Income & Expenses

Annual Gross Income: 123120
Operating Expenses: 46320

Build Description

Resale: Yes

Appliances included

Refrigerator: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Green Energy Generation

None: Yes

Electric Provider

Public Utility: Yes

Roof

Flat: Yes
Positive Pitched: Yes

Finance Considered

Cash: Yes
Conventional: Yes
Other - See Remarks: Yes

Rental Info

Other - See Remarks: Yes

Zoning

R-2: Yes

Property Features

Construction Materials: Adobe; Block; Frame; Stucco Build Description: Resale Amenities: Laundry Community Appliances included: Refrigerator Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Heating: Central; Electric; Forced Air; In-Floor Cooling: Evaporative Cooling Flooring: Carpet; Vinyl Green Energy Generation: None Electric Provider: Public Utility Owner Pays: Water Tenant Pays: Other - See Remarks Roof: Flat; Positive Pitched Rental Info: Other - See Remarks Finance Considered: Cash; Conventional; Other - See Remarks Zoning: R-2

Documents

Flyer & APOD ›

LO SO Letter to Buyers, Buyers Broker ›

Listing Office: NM Apartment Advisors, Inc.

Last Updated: April - 07 - 2026

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