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Off market

Buy a multi-family propertyat 515 IRON Avenue SW, Albuquerque, NM 87102

$350,000

$0/mo

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Multifamily

1,701 Sq. Ft.

6,098 Sq. Ft. lot

401 Days on market

1029534 MLS ID

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About 515 IRON Avenue SW multi-family property

Newly renovated 1940's duplex in a prime downtown location! The main house has been renovated while keeping the charm of the time it was built w/tall ceilings, built-ins, butler's pantry, original tile in bathroom and one piece kitchen sink and cabinets. The 1 bedroom apartment has also been renovated from top to bottom w/new kitchen cabinets, countertops, flooring, paint and a fully updated bathroom. Double washer/dryer on the premises is accessible to both units, fenced in yards and plenty of off street parking. The property is close to dining, coffee shops, breweries, shopping, Downtown, Old Town, the ABQ Biopark and biking/walking trails. House has a garage and a half that could be converted into a 3rd unit! Currently bringing in approx. $3600/month in gross income as an airbnb rental!
Newly renovated 1940's duplex in a prime downtown location! The main house has been renovated while keeping the charm of the time it was built w/tall ceilings, built-ins, butler's pantry, original tile in bathroom and one piece kitchen sink and cabinets. The 1 bedroom apartment has also been renovated from top to bottom w/new kitchen cabinets, countertops, flooring, paint and a fully updated bathroom. Double washer/dryer on the premises is accessible to both units, fenced in yards and plenty of off street parking. The property is close to dining, coffee shops, breweries, shopping, Downtown, Old Town, the ABQ Biopark and biking/walking trails. House has a garage and a half that could be converted into a 3rd unit! Currently bringing in approx. $3600/month in gross income as an airbnb rental!

Property details

Appliances and Equipment

Free-Standing Electric Range

Free-Standing Gas Range

Microwave

Refrigerator

Bedrooms

2 total bedrooms

House

Built in 1945

Stories: 1

1,701 sqft living area

1701 total building sqft

Block

Frame

One

Cooling

Central Air

Ceiling Fan(s)

Disclosures

Lead Based Paint Disclosure

RANM 2100 Disclosure

Exterior Features

Lighting

Floors

Vinyl

Wood

Heating

Central

Forced Air

Interior Features

Ceiling Fan(s)

Laundry

Washer Hookup

Dryer Hookup

In Unit

Listing

Property Subtype: Duplex

11 days on market

Listed on 2023-02-10

Location

County: Bernalillo

Lot

6098.4 sqft

0.14 acres

Property

Single building

2 units

Resale

Taxes

Annual Amount: $2,099

Tenant Pays

None

See Remarks

Utilities

Cable Available

Electricity Connected

Natural Gas Connected

Phone Available

Sewer Connected

Water Connected

Monthly cost

Estimated monthly cost

$2,242/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$329,000

+$10,500

$339,500

Seller agent commission$10,500 (3%)*

$0 (0%)

Buyer agent commission$10,500 (3%)*

$10,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $10,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Mar 30, 2023 at 8:49 p.m.

Courtesy of Re/Max Exclusive.
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.
Listing Information © 2024 Greater Albuquerque Association of REALTORS®. All Rights Reserved.

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