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
Listed By
Agency Name: Berkshire Hathaway NM Prop
Agency Phone: (505) 798-6300
Shown By
Agent Name: Sharon Knowles
Agent Phone: (505) 280-7999
Agency Title: Coldwell Banker Legacy
Estimated Payment
$ 4,076.49 per month $3,560.91 Principal & Interest $48.92 Property Tax $466.67 Homeowner's Insurance
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 sknowles.cblegacy.com today.