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:
- Yes
- Number Of Floors In Unit:
- Three Or More
- Number Of Units:
- 6
- Stories:
- 3
- Stories:
- 3
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 6148
- Year Built Description:
- Select One
- 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:
- 186
- On Market Date:
- 2021-10-20
- Originating Mls:
- Swmls
- Property Disclosures:
- Principal Is Real Estate Licensed, Ranm2100disclosure
- 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:
- Yes
- Heating:
- Central, Electric, Forced Air
- Utilities:
- Natural Gas Connected
- Unit 1 Total Bathrooms:
- 2
- Unit 1 Total Bedrooms:
- 2
- Unit 2 Total Bathrooms:
- 2
- Unit 2 Total Bedrooms:
- 2
- Unit 3 Total Bathrooms:
- 2
- Unit 3 Total Bedrooms:
- 2
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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: Thomas Gallegos with Berkshire Hathaway NM Prop
