7524 2nd Street NW, Albuquerque, NM 87107
- $947,250
- 5
- BD
- 5
- BA
- 6,685
- SqFt
- List Price
- $947,250
- MLS#
- 1111323
- Property Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 5
- Sqft. of Residence
- 6,685
- Lot Size
- 33,018
- Region
- North Valley
- Status
- ACTIVE
Property Description
On behalf of the Owner, Deacon Property Services and NM Apartment Advisors are excited to bring to market a private compound style apartment community located in the Albuquerque's north valley. Spread across three buildings, these 12 unique units are located across the street from the new 2nd street lenticular park and a few blocks from the Rio Grande River and its Bosque Forest and nature trails.This is a rare opportunity to own a true value-add apartment compound with so much potential in such a unique area. Reap the benefits of significant recent modernization and property improvements, then continue updating the property with your vision on your timeline to maximize upside. A 3/4 acre lot also offers potential for adding additional units and cool common area amenities. Current unit mix features five studios, six 1-bedrooms, and one 2-bedroom apartment. All apartments are unique with some modern updates and cool / classic character touches. Residents love the ample parking, the thermal windows, the soft-gated compound atmosphere, the rural north valley setting, and the proximity to the Rio Grande Bosque and I-25. The property is also conveniently located 1.5 miles south of Paseo Del Norte (Highway 423 - a major east/west thoroughfare in northern Albuquerque), less than a quarter-mile from a public library, and nearby other local retail, stores, restaurants, and breweries.
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Additional Information
- County
- Bernalillo
- Subdivison
- Tract 150-A1 Map 27
- Acres
- 0.76
- Appliances
- Refrigerator
- Construction
- Frame, Stucco, Wood Siding
- Cooling
- Other
- Flooring
- Carpet, Tile, Vinyl
- Heating
- Other
- Owner Pays
- Other, See Remarks
- Utilities
- Electricity Connected
- Zoning
- R-2
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Listing courtesy of NM Apartment Advisors, Inc..
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.