Downtown Area Homes with Community/Coop Water

Welcome to the vibrant Downtown Area of Albuquerque, New Mexico, where urban charm meets rich cultural heritage. Nestled in the heart of Bernalillo County, this dynamic neighborhood is a tapestry of art, history, and modern living, making it an ideal place for those seeking a unique lifestyle.

Downtown Albuquerque boasts a diverse array of homes, many of which feature community or cooperative water systems, ensuring a sustainable and reliable water supply for residents. This eco-friendly approach not only promotes conservation but also fosters a strong sense of community among neighbors. Imagine living in a home that not only reflects your style but also supports the environment and your fellow residents.

As you explore the Downtown Area, you’ll discover a lively mix of local boutiques, art galleries, and gourmet restaurants that showcase the culinary talents of the Southwest. The area is also home to several parks and public spaces, perfect for leisurely strolls or vibrant community events. The rich history of Albuquerque is palpable here, with stunning architecture that tells stories of the past, complemented by modern amenities that cater to today’s lifestyle.

Whether you’re a first-time homebuyer or looking to invest in a piece of Albuquerque’s thriving real estate market, the Downtown Area offers a unique blend of community spirit and urban convenience. With its welcoming atmosphere, cultural vibrancy, and commitment to sustainability, this neighborhood is not just a place to live—it's a place to thrive. Come and experience all that Downtown Albuquerque has to offer!

Newest Downtown Area Homes with Community/Coop Water

$1,390,000

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

517 1st Street SW, Albuquerque

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.