Experience the perfect investment opportunity with this riverfront townhouse and studio apartment combo in the heart of Red River, NM! This unique property offers two separate living spaces, making it an excellent short-term rental option for visitors seeking the ultimate mountain getaway. The property should be considered a "painter's canvas" and the opportunity to put those Pintrest ideas into action! The main townhouse features a spacious, open layout with breathtaking mountain and river views, multiple bedrooms, a fun kid loft and a beautiful rock fireplace. Enjoy direct river access, where guests can fish, unwind by the water, or simply take in the stunning scenery. The studio apartment on the first floor provides a private retreat for additional guests or can be rented separately to maximize income potential. With its own entrance, kitchenette, and cozy living space, this unit offers flexibility for both owners and renters. The Torchlight Parade that occurs every Saturday in the Winter can be easily enjoyed from the balcony. This property is just minutes from downtown Red River, outdoor recreation, and year-round festivals and events. Don’t miss out—schedule your showing today and start your journey as a Red River host!