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533 & 533 1/2 South 2nd street, Raton, NM 87740

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For Sale

$169,900

4 beds • 2 baths • 1,952 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • $87.04
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This versatile Raton property offers two separate living units on a 7,000 sq ft lot with residential-commercial zoning, giving you maximum flexibility for living, renting, or launching a business. Whether you're looking for a multi-generational home, rental income, or a live-work setup, this property checks every box. Main House (533 S 2nd): 2 bedrooms | 1 full bathroom 1,208 sq ft of bright and functional living space Cozy living room and well-sized kitchen Perfect for homeowners or as a long-term rental Detached Apartment (5331/2 S 2nd): 2 bedrooms | 1 bathroom 744 sq ft, located above a 3-car garage Private entrance, ideal for tenants, guests, or home office 3-Car Garage + Bonus Space: Three full bays - ideal for vehicles, storage, workshop, or business use Extra parking and alley access Zoning Advantage: Residential-commercial zoning allows for flexible use Great for a home-based business, studio, rental portfolio, or short-term rental High visibility with easy access to downtown Raton With a solid footprint and strong income potential, this is a rare chance to own a multi-use property in a central location. Live in one unit and rent the other, or use both as income-producing properties. The possibilities are wide open - live, work, invest, or all three. Currently Tenant Occupied.
MLS# 11516092

Courtesy Of Willow Springs Realty & Property Management LLC

(505) 309-1851

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Stucco
  • Floor Covering
    Hardwood, Laminate
  • Heating System
    Forced Air
  • Roof Type
    Asphalt
  • Rooms
    Basement, Kitchen

Map and Directions

Directions to 533 & 533 1/2 South 2nd street, Raton, NM 87740

Home seller CENTURY 21 Hacienda Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Hacienda Realty

(575) 388-1921
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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