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(505) 280-9256
Real Estate Company
9607 Central Avenue NW, Albuquerque, NM 87121
- $1,427,100
- 6
- BD
- 5
- BA
- List Price
- $1,427,100
- Status
- ACTIVE
- Days on Market
- 18
- MLS#
- 1112319
- Subtype
- Residential Income
- Year Built
- 1946
- Bedrooms
- 6
- Bathrooms
- 5
- Lot Size
- 60,954
- Acres
- 1.40
- MLS Area Major
- Southwest Heights
Property Description
Rare value-add on iconic Route 66. This family-style 11-unit compound spans two parcels totaling 1.3993 acres zoned NR-BP, with only 6,845 sf built, leaving real room for storage income or future development. Six buildings hold 2 studios, 5 one-bedrooms, 3 two-bedrooms, and 1 three-bedroom house, plus 3 RV pad sites leased at $650 each for extra monthly income. Studios and one-bedrooms rent below market, giving a new owner instant upside. Every unit has its own mini splits for heating and cooling and vinyl plank flooring. Units 1-6 have no washer, dryer, or hookups, units 7-11 have washer/dryer hookups. Minimum one-year leases, some month to month, off-street parking throughout. Walk to El Mezquite Marketplace, Starbucks, and McDonald's. Priced for an investor ready to capture the upside on Albuquerque's most famous corridor.
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Additional Information
- Taxes
- $5,921
- Zoning
- NR-BP*
- Flooring
- Vinyl, Wood
- Appliances
- Dishwasher, Refrigerator
- Heating
- Ductless
- Air Conditioning
- Ductless
- Stories
- 1
- Levels
- One
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Listing courtesy of Anita Maestas from Maestas Real Estate Services
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.