BEDS6
BATHS
MLS#1112319
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ductless
Heating: Ductless
Lot Size: 1.40 Acres
Stories: 1.0
Taxes: $5,921
Year Built: 1946
Feature Descriptions
Appliances: Dishwasher, Refrigerator
Days on Site: 2
Flooring: Vinyl, Wood
Laundry: Washer Hookup, Dryer Hookup, In Unit
Parcel#: 100905712406830432
Units: 11
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: Maestas Real Estate Services
Agency Phone: (505) 463-3565
Shown By
Agent Name: John Long
Agent Phone: (505) 263-1499
Agency Title: Coldwell Banker Legacy
Estimate Your Payment
Estimated Payment
$ 4,085.76 per month $3,176.11 Principal & Interest $493.42 Property Tax $416.24 Homeowner's InsuranceChange Payment Information
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9607 Central Avenue Nw | MLS# 1112319
This multi-family property located at 9607 Central Avenue Nw, Albuquerque, NM 87121 is currently listed for sale with an asking price of $1,427,100. Search Albuquerque real estate on jlong.cblegacy.com today.