533 & 533 1/2 S 2nd St Raton, NM 87740

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.