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615 Iron Avenue SW

Albuquerque, NM 87102
  • $1,800,000
  • STATUS: Active
  • ON SITE: 291 Days
  • MLS #: 1003217
Price Reduced
UPDATED: 122 min ago
$1,800,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,148
    SQFT
  • $293
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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.

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IDX information © 2022 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 NM Homies | Realty One of New Mexico. Data last updated: 2022-08-08T05:04:02.573.
www.nmhomies.com/homes/122593414
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615 Iron Avenue SW Albuquerque, NM 87102

  • Price: $1,800,000
  • Status: Active
  • On Site: 291 Days
  • Updated: 122 min ago
  • MLS #: 1003217
2
Beds
0
Baths
0
½ Baths
0.16
Acres
6,148
SQFT
$293
$/SQFT
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
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.
Exterior Features

Construction Materials Frame Levels Three Or More Stories Total 3

Interior Features

Appliances Built-In Gas OvenBuilt-In Gas Range Basement YN No Bathrooms Total Integer 2 Cooling Refrigerated Cooling YN Yes Electric None Flooring CarpetConcreteTile Heating CentralElectricForced Air Heating YN Yes

Property Features

Builder Name Sierra Hacienda Builders Building Area Total 6148 Community Features Deck/Porch Development Status Proposed Disclosures Principal is Real Estate LicensedRanm 2100 Disclosure Gross Income 144000 Listing Agreement Exclusive Right To Sell New Construction YN Yes Property Condition To Be Built Property Sub Type Multi Family Tax Annual Amount 587.6 Tenant Pays ElectricityGas Utilities Natural Gas Connected Zoning Description R-Mh*

Southwest MLS] logo Listing courtesy of Berkshire Hathaway Nm Prop. © 2022 Southwest Multiple Listing Service, Inc.


IDX information © 2022 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 NM Homies | Realty One of New Mexico. Data last updated: 2022-08-08T05:04:02.573.
 
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7441 Alameda Blvd. NE
Albuquerque NM, 87113