411 6 St Springer, NM 87747
This unique 1,200 square foot property in Springer, NM, offers a rare opportunity to own a piece of history. Originally a charming church, this building has undergone a thoughtful conversion into a residential space. The transformation includes a large, open living area ideal for entertaining, seamlessly flowing into an open kitchen complete with a sizable island. Modern updates enhance the historic charm. The home boasts one full bathroom and a convenient half-bath, both featuring contemporary fixtures. Significant improvements have been made, including updated electrical and plumbing systems, and the installation of newer windows, ensuring energy efficiency and comfort. The property sits on a 0.11-acre lot. While the conversion is underway, the property retains many original architectural details, creating a captivating blend of old and new. This is a fantastic opportunity for someone looking for a unique project with endless potential to create their dream home. The property is priced affordably at $50,000, making it an attractive investment. Don't miss this chance to own a piece of Springer's history.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.