For more information on this property, contact Venturi Realty Group at 505-448-8888 or

Albuquerque, New Mexico NM 87108
Price: $3,250,000
MLS ID 1028703
Status Active
Bedrooms 49
Full Baths 49
Total Baths 49
Square Feet 20,314
Acres 1.130
Year Built 1977

Property Description:

Incredible money-makers turn-key 28 units Excellent Private gated courtyards with storage adjacent to each building. Property comes with resident grown vegetable and flower gardens. Many units recently remodeled in 2020, 2021, 2022. A total of seven contiguous fourplex buildings, combined for 28 multi-family units. The 1.13 acre comes with plenty of parking for tenants and guests. The units are 100% occupied with very low overhead expense. Locking entry gates at each end of the courtyards provide privacy and security. Low maintenance properties with everything in place, including professional management and pre-qualified tenancy. Includes a total of seven 1-bedroom 1-bath units and twenty-one 2-bedroom 1-bath units. All units have washer and dryer hookups inside.

Primary Features

Status: Active
Bedrooms: 49
Total Baths: 49
Full Baths: 49
Square Feet: 20,314
Pool Private YN: no
Property Condition: Resale
Stories: 1
Property Type: Residential
Sub Type: Attached
Structure Type: None
Year Built: 1977
Acres: 1.130
Lot Size SqFt: 49223

Schools and Location

Elementary School: Emerson
Middle Or Junior School: Wilson
High School: Highland
Direction Faces: North
Zoning: MX-L*
MLS Area Major: 71 - Southeast Heights
City: Albuquerque
Zip Code: 87108
County: Bernalillo
Road Frontage Type: Public Road

Additional Details

Interior Features: Main Level Master, Walk-In Closet(s)
Appliances: Dryer, Refrigerator
Laundry Features: None, Washer Hookup, Dryer Hookup, ElectricDryer Hookup
Flooring: Carpet, Tile
Accessibility Features: None
Window Features: Double Pane Windows, Insulated Windows
Exterior Features: Courtyard
Lot Features: Corner Lot, Landscaped, Alley
Other Structures: Storage

Construction, Mechanical, and Utilities

Levels: One
Stories Total: 1
Living Area: 20314
Construction Materials: Frame, Stucco
Heating: Central, Forced Air
Cooling: Evaporative Cooling
Builder Name: Unknown
Roof: Flat
Utilities: Electricity Connected, Sewer Connected
Sewer: Public Sewer
Electric: None
Water Source: Public

Financial Info

Listing Price: $3,250,000
Possession: Closing & Funding
Tax Annual Amount: 14585

Zoning Info

Listing courtesy of Hallmark Realty.
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.

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