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$1,800,000
615 Iron Ave SW, Albuquerque, NM 87102
2 Beds
2 Baths
6,148 SqFt

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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 $2,000 market rent.
  • Price:
  • $1,800,000
  • Bedrooms:
  • 2
  • Square Footage:
  • 6,148
  • Acreage:
  • 0.16
  • Listing ID #:
  • 1003217
  • Street Address:
  • 615 Iron Ave SW
  • City:
  • Albuquerque
  • State:
  • New Mexico
  • Postal Code:
  • 87102
  • County:
  • Bernalillo
  • Community:
  • 80 - Downtown Area
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 6148
  • Builder:
  • Sierra Hacienda Builders
  • Building Condition:
  • To Be Built
  • Construction Description:
  • Frame
  • Construction Status:
  • Proposed
  • Flooring:
  • Carpet, Concrete, Tile
  • New Construction:
  • 1
  • Number Of Units:
  • 6
  • Stories:
  • 3
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 6148
  • Gross Income:
  • 144000
  • Approximate Lot Size Range Source:
  • Public Records
  • Lot Square Footage:
  • 6969.6
  • Zoning Description:
  • R-Mh*
  • Community Features:
  • Deck/Porch
  • Days On Market:
  • 293
  • Originating Mls:
  • Swmls
  • Terms:
  • Cash, Conventional
  • Property Taxes:
  • $587
  • Tenant Pays:
  • Electricity, Gas
  • Appliances:
  • Built-In Gas Oven, Built-In Gas Range
  • Cooling System:
  • Refrigerated
  • Has Central Air Conditioning:
  • 1
  • Heating:
  • Central, Electric, Forced Air
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing provided by Berkshire Hathaway Nm Prop
  • ALBUQ

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