615 Iron Ave SW, Albuquerque, NM 87102

Beds
12
Baths
12
Sqft
6,574

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Listed byBerkshire Hathaway NM Prop
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Number of stories
3
Number of bedrooms
12
Number of bathrooms
12
Square feet
6,574
Lot size (acres)
0.16
Year built
2023

Utilities

Heating
Forced Air, Central, Electric
Cooling
Ductless

Taxes

Tax Annual Amount
$16,575

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Southwest MLS (Greater Albuquerque Association of REALTORS) MLS®#: 1102929 Last checked:

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