615 Iron Ave SW, Albuquerque, NM 87102
FOR SALENEW CONSTRUCTION

615 Iron Ave SW
Albuquerque, NM 87102

Barelas
  • 6 Beds
  • 6 Baths
  • 6,148 sqft
  • 6 Beds
  • 6 Baths
  • 6,148 sqft

$1,800,000

Original price: $2,000,000
Est. Mortgage $10,966/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

NOW COMPLETE!!! CAP Rate 7.5% Sound Investment Opportunity. 3 Story Units with Luxury Amenities and Design. 2 bedroom 2 baths constructed by experienced, Sierra Hacienda Builders. See renderings, 6 units at $2,200 market rent.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$293
Listed
180+ days ago

Home Details for 615 Iron Ave SW

Interior Features

Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Dimensions and Layout
Living Area: 6148 Square Feet
Appliances & Utilities
Utilities: Natural Gas ConnectedAppliances: Built-In Gas Oven, Built-In Gas Range
Heating & Cooling
Heating: Central,Electric,Forced AirHas CoolingAir Conditioning: RefrigeratedHas HeatingHeating Fuel: Central
Gas & Electric
Electric: None
Windows, Doors, Floors & Walls
Flooring: Carpet, Concrete, Tile
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3Levels: Three Or MoreFloors: Carpet, Concrete, Tile

Days on Market

Days on Market: 180+

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: FrameIs a New Construction
Property Information
Condition: To Be BuiltParcel Number: 101405705927520204

Price & Status

Price
List Price: $1,800,000Price Per Sqft: $293

Active Status

MLS Status: Active

Location

Direction & Address
City: Albuquerque

Agent Information

Listing Agent
Listing ID: 1003217

Building

Building Details
Builder Name: Sierra Hacienda Builders
Building Area
Building Area: 6148 Square Feet

Community

Community Features: Deck/Porch

Lot Information

Lot Area: 6969.6 sqft

Offer

Listing Terms: Cash, Conventional

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Expense
Tenant Pays: Electricity, Gas

Miscellaneous

Mls Number: 1003217Living Area Range Units: Square Feet

Additional Information

Deck/Porch
Last check for updates: about 19 hours ago
Listing courtesy of Thomas Gallegos, (505) 261-8687
Berkshire Hathaway NM Prop, (505) 798-6300
Source: SWMLS, MLS#1003217
Also Listed on BHHS broker feed.

Price History for 615 Iron Ave SW

DatePriceEventSource
08/07/2022$1,800,000PriceChange
SWMLS #1003217
10/20/2021$2,000,000Listed For SaleSWMLS #1003217
09/29/2021--Sold
SWMLS #988731
07/12/2021$215,000PendingSWMLS #988731
04/01/2021$215,000Listed For SaleSWMLS #988731
04/02/2020$125,000ListingRemovedAgent Provided
10/19/2019$125,000PriceChange
Agent Provided
04/11/2019$150,000PriceChange
Agent Provided
04/04/2019$199,000Listed For SaleAgent Provided
07/14/2017--Sold
SWMLS #891121
06/19/2017$119,950PendingAgent Provided
06/19/2017$119,950PendingToActiveAgent Provided
06/10/2017$119,950PendingAgent Provided
05/30/2017$119,950PriceChange
Agent Provided
05/06/2017$129,900Listed For SaleAgent Provided

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Property Taxes and Assessment

Year2017
Tax$448
Assessment$28,200
Home facts updated by county records

Comparable Sales for 615 Iron Ave SW

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Multi-Family Home
-
08/31/23
5
6
3,806
0.40
Multi-Family Home
-
09/29/23
7
5
3,505
0.64
Multi-Family Home
-
02/02/24
6
3
2,539
0.49
Multi-Family Home
-
07/28/23
3
4
1,978
0.79
Multi-Family Home
-
01/10/24
4
5
2,068
0.41
Multi-Family Home
-
10/05/23
2
3
1,418
0.97
Multi-Family Home
-
04/12/24
5
4
3,600
0.60
Multi-Family Home
-
11/01/23
3
2
1,300
0.42
Multi-Family Home
-
12/14/23
2
2
1,287
0.78
Multi-Family Home
-
10/18/23
3
3
2,028

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Barelas

  • Trulia User
    "The neighborhood is great to live at and sometimes quiet, but noisy. The school is a good places to put your kids at. The park and community and the zoo is good also."
    0
    Flag
  • Kevin C.
    "houses to be very close to neighbors so if a dog barks there's usually someone who complains. animal control also patrols through the neighborhood often and harasses people for the tiniest of things. "
    1
    Flag
  • Avery J. K.
    "Special, old school sweet roots neighborhood. Classic Albuquerque, right by the river and downtown. "
    0
    Flag
  • Lillian
    "I drive to work on the NE side. The public transport is lacking and the road culture/infrastructure is inhospitable to biking."
    0
    Flag
  • Karisma A.
    "There’s a lot of community vibes, positive ones! the park is walking distance as to the zoo and down town and the aquarium and the Rio grande walking stream! so many beautiful and fun things to do but not somewhere to be late at night, the homeless shelter is on 3rd street there fore many walk around "
    3
    Flag

LGBTQ Local Legal Protections

Thomas Gallegos, Berkshire Hathaway NM Prop
Some of the information contained herein has been provided by Southwest Multiple Listing Service, Inc. (SWMLS) This information is from sources deemed reliable but not guaranteed by SWMLS. The information is for consumer’s personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
615 Iron Ave SW, Albuquerque, NM 87102 is a 6 bedroom, 6 bathroom, 6,148 sqft multi-family. 615 Iron Ave SW is located in Barelas, Albuquerque. This property is currently available for sale and was listed by SWMLS on Oct 20, 2021. The MLS # for this home is MLS# 1003217.