Southeast Heights Homes with Community/Coop Water

Southeast Heights Homes with Community/Coop Water

Welcome to Southeast Heights, a vibrant neighborhood nestled in the heart of Albuquerque, New Mexico. This charming region, part of Bernalillo County, is known for its friendly community atmosphere, stunning desert landscapes, and a rich tapestry of cultural experiences. Southeast Heights offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of homes in Southeast Heights is the availability of community and cooperative water systems. This ensures a reliable and sustainable water source for residents, fostering a sense of community and shared responsibility among neighbors. Living in a home with access to community water not only supports local conservation efforts but also enhances the overall quality of life in this welcoming neighborhood.

As you explore Southeast Heights, you’ll discover a variety of amenities, including parks, shopping centers, and schools, all within easy reach. The area is well-connected to major roadways, providing quick access to downtown Albuquerque and beyond. The stunning Sandia Mountains serve as a picturesque backdrop, offering outdoor enthusiasts endless opportunities for hiking, biking, and enjoying the breathtaking New Mexico sunsets.

Whether you’re looking to buy your first home, downsize, or invest in a property, Southeast Heights is a fantastic choice. With its strong sense of community, beautiful homes with cooperative water systems, and a wealth of local amenities, this neighborhood truly embodies the best of Albuquerque living. Come and experience the charm of Southeast Heights – your dream home awaits!

Newest Southeast Heights Homes with Community/Coop Water

$560,000
10 Beds 6 Baths
This well-maintained 6-unit multifamily investment property offers an excellent opportunity to acquire a centrally located, income-producing asset with significant recent capital improvements. The property consists of two separately deeded triplexes at 501 and 505, which are being sold together, providing a total of approximately 4,248 square feet across six residential units.The property features a desirable mix of two 1-bedroom/1-bath units and four 2-bedroom/1-bath units, with functional floor plans and a courtyard-style configuration that appeals to tenants seeking convenience and affordability.Ownership has completed numerous improvements throughout the property. Recent upgrades include evaporative cooling, replacement windows in 501 B & C and 505 B, remodeled interiors in select units, durable tile flooring, recessed lighting, and 80% energy-efficient furnaces in select units. Roofing improvements include an ISO roof at 501 completed within approximately the last two years and a TPO roof at 505 completed within approximately the last seven years. All month to month tenants. Unit Mix501Unit A -- 571 SF | 1 BD / 1 BAUnit B -- 571 SF | 1 BD / 1 BAUnit C -- 833 SF | 2 BD / 1 BA505Unit A -- 704 SF | 2 BD / 1 BAUnit B -- 759 SF | 2 BD / 1 BAUnit C -- 810 SF | 2 BD / 1 BA -vacant needs renoTotal Building Area: Approximately 4,248 SFTotal Units: 6Current Monthly Rent: $6,281Annualized Current Rent: $75,372With an established income stream, substantial recent improvements, and a versatile unit mix, this property presents an attractive opportunity for an investor seeking an improved multifamily asset with continued income and long-term appreciation potential. Vacant unit needs renovation. From owner between $10-25k depending on preference to be rented.

501-505 Mesilla Street SE, 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.