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Listed price in listed location currency (USD).
$1,390,000

000

MLS® 1072123

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Land
Size -
Garage 
Taxes $940
Days Active 569
Lot Size 
Approx. Age 
MLS® Number 1072123

Property Address: 517 1st St Sw, Albuquerque, NM, 87102

Average square foot calculated using Size range provided by listing agent.

Description

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
MLS® Number1072123
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 8, 2024List Date
$1,390,000List Price
  • Commute

Commute

Starting Address
Destination Address
517 1St St Sw, Albuquerque, NM

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