210 Sixth & 517 Silver SW
Albuquerque, NM 87102
MLS #871995

Multi-family
  • 15units
$1,200,000
Est. P&I payment: $4583.19/mo
210 Sixth & 517 Silver SW, Albuquerque, NM 87102
  • 210 Sixth & 517 Silver SW, Albuquerque, NM 87102 Photo 1
  • 210 Sixth & 517 Silver SW, Albuquerque, NM 87102 Photo 2
  • 210 Sixth & 517 Silver SW, Albuquerque, NM 87102 Photo 3
  • 210 Sixth & 517 Silver SW, Albuquerque, NM 87102 Photo 4
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Description for 210 Sixth & 517 Silver SW, Albuquerque, NM 87102
On behalf of the owners, NM Apartment Advisors Inc., is pleased to present a rare opportunity to acquire an assembled quarter block of downtown Albuquerque. This site and 15 unit community offers the trifecta in high walk score (93), bike score (77) and transit score (57), making it an ideal location for a millennial redevelopment. Priceless zoning in the Downtown 2025 District allows heights up to 40 stories and fast track city approval.Income producing until you are ready to replace the property.Priced at 2015 appraisal.Located in Downtown 2025 District, one block from historic Route 66, and embedded in Albuquerque's tallest buildings and 25,000 jobs.Over 100 restaurants within a one mile radius, 9 new brew pubs, 8 new coffee shops.
MLS #871995
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My Notes for MLS #871995

General Features

  • Property Type: C
  • Units for Sale: 15
  • Approx Structured SqFt: 10,701
  • Year Built: 1901
  • Total Number of Stories: 2
  • Total Number of Buildings: 5
  • Stories: 2
  • Property Sub-Type: 9 or More Units
  • 5+ Units: Yes
  • Age: 50+
  • Number of Units: 15
  • Lot SqFt: 14,004
  • Zoning: SU-3

Exterior Features

  • Number of Parking Spaces: 14
  • Exterior Material: Stucco

Interior Features

  • Basement: Basement: No
  • Unit Type 1: Number of Units: 1
  • Unit Type 1: Number Baths: 1
  • Unit Type 1: Style: 6th
  • Unit Type 1: Average SqFt: 399
  • Unit Type 2: Number of Units: 1
  • Unit Type 2: Number Baths: 1
  • Unit Type 2: Style: 6th
  • Unit Type 2: Average SqFt: 342
  • Unit Type 3: Number of Units: 1
  • Unit Type 3: Number Baths: 1
  • Unit Type 3: Style: 6th-Library
  • Unit Type 3: Average SqFt: 250
  • Unit Type 4: Number of Units: 1
  • Unit Type 4: Number of Bedrooms: 1
  • Unit Type 4: Number Baths: 1
  • Unit Type 4: Style: 6th
  • Unit Type 4: Average SqFt: 950
  • Unit Type 5: Number of Units: 1
  • Unit Type 5: Number of Bedrooms: 1
  • Unit Type 5: Number Baths: 1
  • Unit Type 5: Style: 6th
  • Unit Type 5: Average SqFt: 627
  • Unit Type 6: Number of Units: 1
  • Unit Type 6: Number of Bedrooms: 1
  • Unit Type 6: Number Baths: 1
  • Unit Type 6: Style: 6th
  • Unit Type 6: Average SqFt: 672
  • Unit Type 7: Number of Units: 1
  • Unit Type 7: Number Baths: 1
  • Unit Type 7: Style: 6th-Restaurant
  • Unit Type 7: Average SqFt: 1,474
  • Unit Type 8: Number of Units: 1
  • Unit Type 8: Number of Bedrooms: 3
  • Unit Type 8: Number Baths: 1
  • Unit Type 8: Style: Silver
  • Unit Type 8: Average SqFt: 2,063
  • Unit Type 9: Number of Units: 2
  • Unit Type 9: Number of Bedrooms: 1
  • Unit Type 9: Number Baths: 1
  • Unit Type 9: Style: Silver
  • Unit Type 9: Average SqFt: 650
  • Unit Type 10: Number of Units: 3
  • Unit Type 10: Style: Silver
  • Unit Type 10: Average SqFt: 425
  • Unit Type 11: Number of Units: 1
  • Unit Type 11: Number Baths: 1
  • Unit Type 11: Style: Silver
  • Unit Type 11: Average SqFt: 450
  • Unit Type 12: Number of Units: 1
  • Unit Type 12: Style: 6th-Storage
  • Unit Type 12: Average SqFt: 899
  • Unit Summary: Total Units: 15
  • Unit Summary: Average Unit Size: 713
  • Unit Summary: Average Actual Rent: 669
  • Unit Summary: Annualized: 120,396
  • Flooring: Carpet,​Vinyl,​Wood

Utility Features

  • Amenities: Owners Unit
  • Appliances included: Refrigerator
  • Cooling: Evaporative,​Refrigerated
  • Heating: Central Forced Air,​Wall Unit
  • Utilities: All City

Financial Features

  • Approximate Taxes: 8,975
  • List Price/SqFt: 112
  • Foreclosure: No
  • Unit Type 1: Average Actual Rent: 550
  • Unit Type 1: Max Rent: 625
  • Unit Type 1: Market Rent: 625
  • Unit Type 2: Average Actual Rent: 625
  • Unit Type 2: Max Rent: 650
  • Unit Type 2: Market Rent: 650
  • Unit Type 3: Average Actual Rent: 495
  • Unit Type 3: Max Rent: 495
  • Unit Type 3: Market Rent: 495
  • Unit Type 4: Average Actual Rent: 895
  • Unit Type 4: Max Rent: 935
  • Unit Type 4: Market Rent: 935
  • Unit Type 5: Average Actual Rent: 875
  • Unit Type 5: Max Rent: 925
  • Unit Type 5: Market Rent: 925
  • Unit Type 6: Average Actual Rent: 875
  • Unit Type 6: Max Rent: 925
  • Unit Type 6: Market Rent: 925
  • Unit Type 7: Average Actual Rent: 1,388
  • Unit Type 7: Max Rent: 1,800
  • Unit Type 7: Market Rent: 1,800
  • Unit Type 8: Average Actual Rent: 1,250
  • Unit Type 8: Max Rent: 1,300
  • Unit Type 8: Market Rent: 2,108
  • Unit Type 9: Average Actual Rent: 700
  • Unit Type 9: Max Rent: 700
  • Unit Type 9: Market Rent: 663
  • Unit Type 10: Average Actual Rent: 385
  • Unit Type 10: Max Rent: 450
  • Unit Type 10: Market Rent: 434
  • Unit Type 11: Average Actual Rent: 525
  • Unit Type 11: Max Rent: 525
  • Unit Type 11: Market Rent: 460
  • Unit Type 12: Max Rent: 200
  • Unit Type 12: Market Rent: 200
  • Unit Summary: Total Actual Rent: 10,033
  • Finance Considered: Cash,​Conventional
  • Owner Pays: Other - See Remarks
  • Tenant Pays: Other - See Remarks

Miscellaneous Features

  • Disability Access: Unknown
  • Lead Base Paint: Yes
  • Construction: Adobe,​Brick

Location

 
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Directions to 210 Sixth & 517 Silver SW, Albuquerque, NM 87102
From I-25 and I-40 west on I-40 to Sixth street, south past Lomas, past Central to Silver.
The listing information for 210 Sixth & 517 Silver SW, Albuquerque, NM 87102 was graciously provided by our friends at the listing brokerage, NM Apartment Advisors, Inc.

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Last Updated 01/17/2018 at 10:57am
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