7524 2nd ST NW, Albuquerque, NM 87107
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7524 2nd ST NW, Albuquerque, NM 87107
7524 2nd ST NW, Albuquerque, NM 87107
7524 2nd ST NW, Albuquerque, NM 87107
7524 2nd ST NW, Albuquerque, NM 87107
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Tara Diaz

Tara Diaz

+1(505) 226-1150
Listed by NM Apartment Advisors, Inc.
$ 947,250
Est. payment /mo
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7524 2nd ST NW Albuquerque, NM 87107

5 Beds

5 Baths

6,685 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,685 sqft

Price per Sqft $141

Subdivision Tract 150-A1 Map 27

MLS Listing ID 1111323

Bedrooms 5

Construction Status Resale

HOA Y/N No

Year Built 1946

Annual Tax Amount $3,356

Lot Size 0.760 Acres

Acres 0.76

Lot Dimensions Public Records

Property Sub-Type Multi Family

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.

Location

State NM

County Bernalillo

Area 100 - North Valley

Interior

Heating Other

Cooling Other

Flooring Carpet, Tile, Vinyl

Fireplace No

Appliance Refrigerator

Exterior

Utilities Available Electricity Connected

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Construction Status Resale

Others

Tax ID 101506331520940711

Acceptable Financing Cash, Conventional

Green/Energy Cert None

Listing Terms Cash, Conventional

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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7524 2nd ST NW