The adjacent lot is ready for new development, with all utilities on-site or nearby. Ideal for building a townhome or duplex, it's close to museums, breweries, and restaurants with easy I-40 access. Together, this package offers immediate and future income opportunities, making it the ultimate value for investors seeking cash flow and long-term growth potential. Maximize your investment with this unbeatable value combo! Own a fully upgraded early 1900s farmhouse and an adjacent buildable lot in Downtown Albuquerque's vibrant Wells Park. The farmhouse delivers both charm and income, featuring two separate, consistently rented units with modern systems and finishes alongside historic character. Ample gated parking, including space for RVs, adds rental appeal. Don't miss out!
The current owner has plans for 100 Multi-family units on the site, with first floor parking, including a roof top deck amenity. The property is conveniently located directly west of the planned $70M Rail Trail, south of the Alvarado Transportation Hub, just southwest of the ABQ Innovation district, and north west of the under development NM Media Academy, and on the east side of the Central Business District.The asking price is $1,750,000, with a price per unit of $17,500, and a price per square foot of $82.33. Using price pre unit and recent comparable sales supports a value closer to $2,150,983.Subject property might qualify for the first round of $30,000,000 of financing from the NMFA Opportunity Enterprise Housing Development Fund - applications are open from 9/4 to 10/16
Owner Finance Option Available!! Welcome to this .09-acre lot located in downtown Albuquerque! This lot offers a prime opportunity for urban living or investment in a vibrant city setting. Situated in a convenient location, this property is ideal for building a custom primary or multi-family home with artistic and cultural amenities right outside your doorstep. Enjoy easy access to nearby amenities, including restaurants, shops, entertainment venues, museums, galleries, and more! Don't miss out on this chance to be part of Albuquerque's dynamic downtown scene!
Vacant lot with potential to build your own home! Don't miss out on this opportunity! Seller willing to sell 826 Ross and 900 Ross as a package deal $225,000.00 call for info.Call your favorite Realtor to write an offer for you today!
Prime downtown location ready to build. Lots already subdivided, ideal for townhouses. All utilities in street. Zoned R-ML. Both lots being sold together.
The median home value in Albuquerque, NM is $308,100. This is higher than the county median home value of $297,600. The national median home value is $338,100. The average price of homes sold in Albuquerque, NM is $308,100. Approximately 56.14% of Albuquerque homes are owned, compared to 37.24% rented, while 6.62% are vacant. Albuquerque real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albuquerque real estate agent to arrange a tour today!
Albuquerque, New Mexico 87102 has a population of 562,336. Albuquerque 87102 is more family-centric than the surrounding county with 26.99% of the households containing married families with children. The county average for households married with children is 25.49%.
The median household income in Albuquerque, New Mexico 87102 is $56,366. The median household income for the surrounding county is $56,920 compared to the national median of $69,021. The median age of people living in Albuquerque 87102 is 37.5 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 23.5 degrees. The average rainfall is approximately 11.1 inches per year, with 10.6 inches of snow per year.