301 S Third, Raton, NM 87740

Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty
301 S Third,Raton, NM 87740
$399,000
  • 7 Beds
  • 5 Baths
  • 3,604 sq. ft.
  • Single family
  • Active
Listed by:wendy mileta
Office:realty one of new mexico - raton
MLS#:20250941
Source:NM_RANM

Price summary

  • Price:$399,000
  • Price per sq. ft.:$110.71

About this home

Great investment! Don't miss this income-generating property! On average, it earns over $6300/month, exceeding mortgage costs. Explore Airbnb and rental options. The property includes a finished garage for on-site living or added revenue! It is professionally maintained, making it a turn-key business. High-end Antique furnishings make this a sweet deal! Step into this historic bed and breakfast in the heart of downtown Raton, NM, which has been a successful business for over 30 years. Very versatile property easily converted between four apartments, or a family home, and is currently a successful bed and breakfast. This turnkey business comes with a large customer base already in place. With 6 stunning rooms and separate living quarters or extra guest suite, making a total of 7 bedrooms, this property boasts over 3000 sq ft of elegant living space. The inn features exquisite hand-carved woodwork, embodying the timeless charm of the Victorian style. Fully furnished and operational,

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Home facts

  • Year built:1900
  • Listing Id #:20250941
  • Added:355 day(s) ago
  • Updated:August 12, 2025 at 03:34 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:3,604 sq. ft.

Heating and cooling

  • Heating:Natural gas, Radiant

Structure and exterior

  • Roof:Pitched, Shingle
  • Year built:1900
  • Building area:3,604 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$399,000
  • Price per sq. ft.:$110.71