NM > Albuquerque
Albuquerque, NM 87102,615 Iron AVE SW
Albuquerque, NM 87102,615 Iron AVE SW
Albuquerque, NM 87102,615 Iron AVE SW
Albuquerque, NM 87102,615 Iron AVE SW
Albuquerque, NM 87102,615 Iron AVE SW
Albuquerque, NM 87102,615 Iron AVE SW
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Mark Rickert

Mark Rickert

+1(505) 600-3956
Listed by Berkshire Hathaway NM Prop
$ 1,600,000
Est. payment | /mo

2 Beds

2 Baths

6,148 SqFt

Save
$ 1,600,000
Est. payment | /mo
Save

2 Beds

2 Baths

6,148 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,148 sqft

Price per Sqft $260

MLS Listing ID 1003217

Bedrooms 2

Construction Status To Be Built

HOA Y/N No

Annual Tax Amount $587

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

Exceptional investment opportunity! This modern 6-unit building, just two years old, showcases quality craftsmanship from an experienced builder/owner and delivers an impressive cap rate. Each unit is thoughtfully designed with contemporary finishes and efficient layouts, ensuring both style and durability. Currently operated as successful Airbnb rentals, this property offers strong, proven income potential and immediate cash flow. The building's newer construction minimizes maintenance costs while maximizing long-term value, ideal for investors seeking turnkey performance in a thriving short-term rental market. A rare chance to own a high performing income property built and managed with experience and attention to detail.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Central, Electric, Forced Air

Cooling Refrigerated

Flooring Carpet, Concrete, Tile

Fireplace No

Appliance Built-In Gas Oven, Built-In Gas Range

Exterior

Community Features Deck/ Porch

Utilities Available Natural Gas Connected

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction Yes

Construction Status To Be Built

Others

Tax ID 101405705927520204

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Mark Rickert

"My job is to provide you with concierge level service and to provide you with incredible service with exceptional results!" 

+1(505) 600-3956

mark@rickertpg.com

150 Washington Ave, Santa Fe, NM, 87501, USA

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615 Iron AVE SW