615 Iron Avenue Sw, Albuquerque, NM 87102

$1,600,000
  • 615 Iron Avenue Sw, Albuquerque, NM 87102 Main Photo

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BEDS12 BATHS SQUARE FEET6,148 MLS#1003217
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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. 5 of 6 units are now cash flowing AirBnB units - See APOD

615 Iron Avenue Sw | MLS# 1003217

This multi-family property located at 615 Iron Avenue Sw, Albuquerque, NM 87102 is currently listed for sale with an asking price of $1,600,000. Search Albuquerque real estate on mcordova.cblegacy.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Refrigerated
Heating: Central, Electric, Forced Air
Lot Size: 0.16 Acres
Stories: 3.0
Taxes: $587

Feature Descriptions

Appliances: Built-In Gas Range
Community Features: Deck/Porch
Days on Site: 1215
Exterior: Frame, Stucco
Flooring: Carpet, Concrete, Tile
Parcel#: 101405705927520204
Units: 6
Utilities: Natural Gas Connected

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway NM Prop
Agency Phone: (505) 798-6300

Shown By

Agent Name: Mae Cordova
Agent Phone: Primary: (505) 898-2700
Agency Title: Coldwell Banker Legacy

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Estimated Payment

$ 4,076.49 per month $3,560.91 Principal & Interest $48.92 Property Tax $466.67 Homeowner's Insurance

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