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200 Hermosa Drive NE

Albuquerque, NM 87108
  • $2,800,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 1073494
$2,800,000
  • 22
    BEDS
  • 0.23
    ACRES
  • 22
    BATHS
  • 0
    1/2 BATHS
  • 11,369
    SQFT
  • $246
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:
Area:

School Ratings & Info

Description

Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.

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IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-12-12T00:05:21.3.
www.trtnm.com/homes/157541317
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200 Hermosa Drive NE Albuquerque, NM 87108

  • Price: $2,800,000
  • Status: Active
  • On Site: 36 Days
  • MLS #: 1073494
22
Beds
22
Baths
0
½ Baths
0.23
Acres
11,369
SQFT
$246
$/SQFT
1941
Built
Neighborhood:
40 - UNM
County:
Bernalillo
Area:
40 - UNM
Property Description
Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.
Exterior Features

Construction Materials Frame Stucco Exterior Features Landscaping Levels Two Parking Total 29 Stories Total 2

Interior Features

Appliances Refrigerator Basement YN No Cooling Evaporative Cooling Cooling YN Yes Flooring Carpet Laminate Heating Baseboard Electric Hot Water Heating YN Yes

Property Features

Builder Name Unknown Building Area Total 11369 Community Features Laundry Facilities Storage Facilities Green Energy Generation None Gross Income 0 Listing Agreement Exclusive Agency Listing Terms Cash Conventional FHA Other See Remarks New Construction YN No Property Condition Resale Property Sub Type Multi Family Tax Annual Amount 4879.64 Tenant Pays Other See Remarks Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description MX- T*

Southwest MLS] logo Listing courtesy of USRealty.com, LLP: (866) 807-9087. © 2024 Southwest Multiple Listing Service, Inc.


IDX information © 2024 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Team | Realty Executives Advantage. Data last updated: 2024-12-12T00:05:21.3.
 
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