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, Albuquerque, NM 87102
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Jordan O'Bryan

Jordan O'Bryan

+1(505) 264-0304
Listed by Berkshire Hathaway NM Prop
$ 1,500,000
Est. payment | /mo

12 Beds

12 Baths

6,574 SqFt

Save
$ 1,500,000
Est. payment | /mo
Save

12 Beds

12 Baths

6,574 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,574 sqft

Price per Sqft $228

Subdivision Block X Atlantic And Pacific Add

MLS Listing ID 1102929

Bedrooms 12

Construction Status Resale

HOA Y/N No

Year Built 2023

Annual Tax Amount $35,241

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

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Central, Electric, Forced Air

Cooling Ductless, Refrigerated

Flooring Carpet, Concrete, Tile

Fireplace No

Appliance Built-In Gas Range

Exterior

Community Features Deck/ Porch

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Construction Status Resale

Others

Tax ID 101405705927520204

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

NEARBY SCHOOL & BUSINESS

Jordan O'Bryan

+1(505) 264-0304

jordan.obryan@purelyabq.com

150 Washington Avenue Ste. 201, Fe, NM, 87501, United States

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615 Iron AVE SW