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615 Iron Avenue SW

Albuquerque, NM 87102
  • $1,800,000
  • STATUS: Active
  • ON SITE: 775 Days
  • MLS #: 1003217
UPDATED: 31 min ago
$1,800,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 6,148
    SQFT
  • $293
    $/SQFT
Neighborhood:
80 - Downtown Area
Type:
Multi-Family
County:
Bernalillo
Area:
80 - Downtown Area

School Ratings & Info

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Description

NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings, 6 units at $2,200 market rent.

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IDX information © 2023 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: 2023-12-05T19:05:25.753.
www.trtnm.com/homes/122593414
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615 Iron Avenue SW Albuquerque, NM 87102

  • Price: $1,800,000
  • Status: Active
  • On Site: 775 Days
  • Updated: 31 min ago
  • MLS #: 1003217
2
Beds
2
Baths
0
½ Baths
0.16
Acres
6,148
SQFT
$293
$/SQFT
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings, 6 units at $2,200 market rent.
Exterior Features

Construction Materials Frame Levels Three Or More Stories Total 3

Interior Features

Appliances Built In Gas Oven Built In Gas Range Basement YN No Cooling Refrigerated Cooling YN Yes Electric None Flooring Carpet Concrete Tile Heating Central Electric Forced Air Heating YN Yes

Property Features

Builder Name Sierra Hacienda Builders Building Area Total 6148 Community Features Deck Porch Development Status Proposed Gross Income 144000 Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional New Construction YN Yes Property Condition To Be Built Property Sub Type Multi Family Tax Annual Amount 587.6 Tenant Pays Electricity Gas Utilities Natural Gas Connected Zoning Description R- MH*

Southwest MLS] logo Listing courtesy of Berkshire Hathaway Nm Prop: (505) 798-6300. © 2023 Southwest Multiple Listing Service, Inc.


IDX information © 2023 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: 2023-12-05T19:05:25.753.
 
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The Team | Realty Executives Advantage
2440 Lousiana Blvd
Albuquerque NM, 87110