Acoma & Alvarado Road SE Albuquerque, NM ^$ 495,000

Acoma & Alvarado Road SE

^$ 495,000

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Acoma & Alvarado Road SE

Albuquerque, NM, 87108

^$ 495,000

Studio Baths0.0

Monthly Estimate*

^$ 3,458

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 1

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 2

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 3

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 4

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 5

Acoma & Alvarado Road SE, Albuquerque, NM 87108 - Image 6

Studio

Lots and Land for sale in Albuquerque, NM

for $495,000. The lot size is 0.48.

A 0.4779 acre site for 36 multifamily units.Located just east of Nob Hill at the intersection of Alvarado & Acoma, or Nob-Hill Crossings, this location is one block from the Albuquerque rapid Transit (ART) corridor.This offering is available at $495,000, $16,331 per unit or $28.24/sf.You can help address the current housing shortage - our market needs over 19,000 new rental units and until we build them, we will continue to be the #1 market in the country for rent growth.

Lots and Land Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,630

Style

Lot Size

0.48

Town/City

Albuquerque

County/Region

Bernalillo

MLS | Web ID

1056531

Features

General

Sewer PublicSewer

Utilities ElectricityAvailable NaturalGasNotAvailable SewerNotAvailable WaterAvailable

Possession ClosingFunding

Topography Level

Township N/A

Current Use Other

Community Features Curbs Gutters Sidewalks

County Bernalillo

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name Lands of Redeemer Lutheran Church

Possible Use Other

Garage Y/N N

Status Active

Directions From Central and San Mateo east to Alvarado south to Acoma

High School Highland

City Albuquerque

Buyer Agent Compensation 2.0%

Disclosures RANM2100Disclosure

View Y/N N

Senior Community Y/N N

Zoning Description R-MH*

MLS Area 71 - Southeast Heights

Lot Size Square Feet 20908.8

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Acoma & Alvarado

Listing Terms Cash

Elementary School Whittier

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1630.0

Home Warranty Y/N N

Middle/Junior High School Wilson

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 7

Standard Status Active

Tax Lot N/A

Legal Description Lot A2 Division of Lands of Redeemer Lutheran Church

Exterior

Parking Features Paved

Lot Features Cleared

Water Source Public

Spa N

Lot Size Acres 0.48

Lot Size Source PublicRecords

Number of Lots 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Road

Electric On Property Y/N N

* Excluded Features

List By

Todd Clarke

Listing Agent

Nm Apartment Advisors, Inc.

Broker

tclarke@nmapartment.com

Affordability Calculator

$3,594

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: $136
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Albuquerque, NM

Average List Price ^$266,263

Percent of Sale Price 46%

About Albuquerque, NM

565,162 Population

25% Since 2002

^$49,805 Median Income

36.92 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038406 Elementary School

537202 Middle School

Highland High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/3/2024	$495,000		Listed Price

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Acoma & Alvarado Road SE, Albuquerque, NM, 87108 is a Lots and Land for sale at $495,000 with a lot size of 0.48. Acoma & Alvarado Road SE is a studio with 0.0 baths. The property's zip code is 87108 which is in Albuquerque, NM

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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Acoma & Alvarado Road SE

Lots and Land for sale in Albuquerque, NM

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