517 GOLD AVE SW new

Albuquerque,NM 87102

$ 15000000

60 Beds

60 Baths

244800 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 244,800 sqft

Price per Sqft $61

MLS Listing ID 1079412

Bedrooms 60

Construction Status Resale

HOA Y/N No

Year Built 1958

Annual Tax Amount $6,974

Lot Size 0.930 Acres

Acres 0.93

Lot Dimensions Public Records

Property Sub-Type Multi Family

Property Description

8 Story high rise re-development deal. First two floors have been converted to 60 apartment units in 2017. Floors 3-7 are shell floors ready to be built into an additional 150 units. 8th floor is approx 20,000 sqft of built out office space currently for lease at $9.50 PSF. Property consists of 4 elevators. Huge potential on this property and most of the heavy lifting has been completed. Plans for converting basement into parking are in the works.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Electric

Cooling Refrigerated

Flooring Laminate

Fireplace No

Appliance Free-Standing Electric Range,Microwave,Refrigerator,Range Hood

Exterior

Community Features Laundry Facilities

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

Building

Story 8

New Construction No

Construction Status Resale

Others

Tax ID 101405711241123104L1

Acceptable Financing Cash,Conventional

Green/Energy Cert None

Listing Terms Cash,Conventional

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