109 N Bullard St
Silver City, NM 88061
$499,000
9 Bedrooms, 7 Bathrooms
Property Overview - The Borenstein Building located in historic downtown Silver City has housed a variety of successful business and residential units over the years. Built in 1907, the building sits within a short walk of a multitude of art galleries, artists' studios, restaurants, drinking establishments, and specialty stores. The building currently houses both residential and commercial rentals. The residential rentals are composed of 4 apartments, all of which are currently rented.
Total 9 bd, 7ba. Because of the building's location, the apartments are considered very rentable and tend to draw interested parties throughout the year, even when they are not advertised. The current commercial anchor tenants are stable and look like they are long-term tenants.
Net 60k a year. Apartment dwellers go in and out.
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Stable residents in commercial has antique store for about 12 years. Pilates studio for 12 years and computer school for 15 years. Massage therapist for 8 years.
Big building stretches across the street. One tenant has a lease and the rest are month to month. willing to work with us to see every part of the property. has property manager. owned for 20+ years.
2= 4/1 = $600
2 =1/1 = $400
stores = $1100 winter $1200 summer
$350 and $450 for other 2
provides internet
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