$2,800,000
For Sale

200 HERMOSA DRIVE NE

Albuquerque, NM 87108
11369 sqft | 22 beds | 0.23 acres | #1073494
Browse 23 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Introducing Hermosa Commons at 200 Hermosa Dr. NE, Albuquerque, NM 87108 -- a prime turnkey investment in the heart of Nob Hill.This mixed-use property includes 22 units (20 studios, 2 one-bedrooms, and commercial spaces) across 11,369 sq. ft., just minutes from Nob Hill Business Center and the University of New Mexico (UNM). Studios at 330 sq. ft. are ideal, efficient spaces for renters.Since 2019, Hermosa Commons has undergone significant improvements, including fresh paint and flooring in 17 units and a new high-efficiency boiler installed in 2020. Attracting and retaining quality tenants. Three previously vacant units have also been renovated and leased.Located steps from the Albuquerque Rapid Transit (ART) station, the property provides unmatched citywide accessibility.

  • Property Details
      • Utility FeaturesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
      • Property TypeMulti-Family
      • Exterior MaterialsLandscaping
      • Property SubtypeMultiFamily
      • CountyBernalillo
      • Original List Price$2,800,000
      • MLS #1073494
      • Cost2800000
      • MLS #1073494
      • Taxes Annual$4,879
      • Square Feet11369
      • Acres0.23
      • Year Built1941
      • Bedrooms22
      • Stories2

Location

Ken Green | Coldwell Banker LegacyReal Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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